West Japan Railway (OTCMKTS:WJRYY) Sees Large Increase in Short Interest

West Japan Railway (OTCMKTS:WJRYY) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 24,462 shares, a growth of 321.3% from the August 31st total of 5,807 shares. Based on an average daily trading volume, of 17,005 shares, the short-interest ratio is currently 1.4 days. Approximately 0.0% of the company’s stock are short sold.

West Japan Railway Stock Performance

WJRYY stock opened at $19.45 on Friday. The firm has a 50 day moving average of $18.79 and a two-hundred day moving average of $18.30. West Japan Railway has a 12 month low of $15.08 and a 12 month high of $23.85. The company has a quick ratio of 0.74, a current ratio of 1.12 and a debt-to-equity ratio of 1.06. The company has a market capitalization of $8.86 billion, a price-to-earnings ratio of 11.65 and a beta of 0.13.

West Japan Railway (OTCMKTS:WJRYY) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.53 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.06. The business had revenue of $2.69 billion during the quarter, compared to analysts’ expectations of $2.66 billion. West Japan Railway had a return on equity of 9.37% and a net margin of 6.41%.West Japan Railway has set its FY 2027 guidance at 1.401-1.401 EPS. As a group, equities analysts anticipate that West Japan Railway will post 1.43 EPS for the current fiscal year.

Analysts Set New Price Targets

Separately, Zacks Research upgraded West Japan Railway from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 11th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.

West Japan Railway Company Profile

West Japan Railway Company, also known as JR West, is a Japanese transportation company that operates passenger railway services primarily in western Honshu and parts of the Hokuriku region. Its network serves major urban and regional markets, including Osaka, Kyoto, Kobe, Hiroshima and Kanazawa.

The company operates conventional rail lines as well as high-speed services, including the Sanyo Shinkansen between Shin-Osaka and Hakata and the Hokuriku Shinkansen in cooperation with other Japan Railways companies.