Zacks Research Upgrades West Japan Railway (OTCMKTS:WJRYY) to “Hold”

West Japan Railway (OTCMKTS:WJRYYGet Free Report) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

West Japan Railway Trading Down 0.3%

Shares of OTCMKTS WJRYY traded down $0.06 during trading hours on Monday, reaching $20.29. The stock had a trading volume of 9,336 shares, compared to its average volume of 24,388. West Japan Railway has a 52-week low of $17.50 and a 52-week high of $24.85. The firm has a market cap of $9.24 billion, a price-to-earnings ratio of 10.62 and a beta of 0.23. The business’s fifty day moving average price is $19.82 and its two-hundred day moving average price is $21.12. The company has a current ratio of 1.00, a quick ratio of 0.66 and a debt-to-equity ratio of 1.03.

West Japan Railway (OTCMKTS:WJRYYGet Free Report) last issued its earnings results on Tuesday, November 4th. The company reported $0.56 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.04). The firm had revenue of $2.90 billion during the quarter, compared to analysts’ expectations of $3.01 billion. West Japan Railway had a return on equity of 10.10% and a net margin of 7.47%. Analysts expect that West Japan Railway will post 1.36 EPS for the current fiscal year.

About West Japan Railway

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West Japan Railway Company (OTCMKTS: WJRYY), commonly known as JR West, is one of the regional passenger railway operators formed in 1987 following the privatization of Japanese National Railways. Headquartered in Osaka, JR West manages a comprehensive rail network across western Honshu, providing vital transportation links that facilitate daily commuting, intercity travel, and regional tourism. As an American Depositary Receipt (ADR)–listed issuer, the company offers international investors access to its operations through trading on OTC markets in the United States.

JR West’s core business centers on passenger rail services, including high-speed Shinkansen lines and an extensive range of conventional rail routes.

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