West Japan Railway (OTCMKTS:WJRYY) Shares Gap Down – Here’s What Happened

Shares of West Japan Railway (OTCMKTS:WJRYY) gapped down prior to trading on Friday . The stock had previously closed at $20.15, but opened at $19.2303. West Japan Railway shares last traded at $19.2303, with a volume of 371 shares trading hands.

Wall Street Analyst Weigh In

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

West Japan Railway Price Performance

The stock has a market capitalization of $8.77 billion, a price-to-earnings ratio of 11.52 and a beta of 0.13. The company has a fifty day simple moving average of $18.66 and a 200 day simple moving average of $18.33. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.74 and a current ratio of 1.12.

West Japan Railway (OTCMKTS:WJRYY) last announced its earnings results on Wednesday, August 5th. The company reported $0.53 EPS for the quarter, beating the consensus estimate of $0.47 by $0.06. The business had revenue of $2.69 billion for 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. Equities research analysts forecast that West Japan Railway will post 1.43 EPS for the current fiscal year.

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.