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

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

Analysts Set New Price Targets

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

West Japan Railway Stock Down 0.3%

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 market capitalization of $8.74 billion, a P/E ratio of 11.49 and a beta of 0.13. The stock’s 50-day moving average price is $18.69 and its two-hundred day moving average price is $18.32.

West Japan Railway (OTCMKTS:WJRYY) last announced its quarterly 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. West Japan Railway had a net margin of 6.41% and a return on equity of 9.37%. The firm had revenue of $2.69 billion during the quarter, compared to the consensus estimate of $2.66 billion. West Japan Railway has set its FY 2027 guidance at 1.401-1.401 EPS. As a group, research analysts expect that West Japan Railway will post 1.43 earnings per share for the current fiscal 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.