West Japan Railway (OTCMKTS:WJRYY) Stock Price Down 4.1% – Here’s Why

West Japan Railway (OTCMKTS:WJRYY)’s stock price dropped 4.1% during trading on Monday . The stock traded as low as $19.3307 and last traded at $19.3307. 409 shares changed hands during mid-day trading, a decline of 99% from the average daily volume of 51,049 shares. The stock had previously closed at $20.15.

Analyst Upgrades and Downgrades

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

West Japan Railway Stock Down 1.0%

The company has a current ratio of 1.12, a quick ratio of 0.74 and a debt-to-equity ratio of 1.06. The stock has a 50 day simple moving average of $18.74 and a 200 day simple moving average of $18.30. The firm has a market capitalization of $8.86 billion, a PE ratio of 11.64 and a beta of 0.13.

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

About West Japan Railway

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.