Short Interest in West Japan Railway (OTCMKTS:WJRYY) Decreases By 46.4%

Key Points

• Short interest in West Japan Railway decreased by 46.4% in September, falling from 11,200 shares to 6,000 shares.
• The company reported earnings of $0.67 EPS for the last quarter, surpassing consensus estimates of $0.57 by $0.10.
• West Japan Railway has a market capitalization of $10.18 billion and operates across various segments including Mobility and Retail.

West Japan Railway (OTCMKTS:WJRYY - Get Free Report) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totaling 6,000 shares, a drop of 46.4% from the August 31st total of 11,200 shares. Based on an average daily trading volume, of 9,700 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily trading volume, of 9,700 shares, the days-to-cover ratio is currently 0.6 days.

West Japan Railway Price Performance

OTCMKTS:WJRYY opened at $21.63 on Friday. West Japan Railway has a 1-year low of $16.32 and a 1-year high of $24.85. The company has a current ratio of 0.91, a quick ratio of 0.59 and a debt-to-equity ratio of 1.02. The firm has a fifty day simple moving average of $22.67 and a 200 day simple moving average of $21.89. The stock has a market capitalization of $10.18 billion, a PE ratio of 12.02 and a beta of 0.34.

West Japan Railway (OTCMKTS:WJRYY - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The company reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.57 by $0.10. West Japan Railway had a return on equity of 9.59% and a net margin of 7.25%.The business had revenue of $2.90 billion during the quarter, compared to the consensus estimate of $2.95 billion. On average, research analysts expect that West Japan Railway will post 1.36 EPS for the current fiscal year.

About West Japan Railway

West Japan Railway Company provides railway transport services in Japan. The company operates through Mobility, Retail, Real Estate, Travel and Regional Solutions, and Other segments. The Mobility segment provides passenger transportation, station operation and management, cleaning and maintenance, construction, machinery and equipment installation, rolling stock and other facility construction services, as well as engages in the railway operations and electric works.

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