West Japan Railway (OTCMKTS:WJRYY) Short Interest Update

Key Points

• West Japan Railway experienced a 31.4% decline in short interest, with total shares short dropping to 2,400 as of July 31.
• The company reported earnings of $0.67 per share, exceeding estimates of $0.57, although revenue of $2.90 billion was slightly below the expected $2.95 billion.
• West Japan Railway's market capitalization stands at $11.07 billion with a P/E ratio of 13.07 and a debt-to-equity ratio of 1.01.

West Japan Railway (OTCMKTS:WJRYY - Get Free Report) was the target of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 2,400 shares, adropof31.4% from the July 15th total of 3,500 shares. Based on an average daily volume of 33,500 shares, the short-interest ratio is presently 0.1 days. Currently,0.0% of the company's shares are short sold. Currently,0.0% of the company's shares are short sold. Based on an average daily volume of 33,500 shares, the short-interest ratio is presently 0.1 days.

West Japan Railway Trading Down 0.3%

Shares of OTCMKTS WJRYY traded down $0.07 during mid-day trading on Monday, reaching $22.49. The company had a trading volume of 4,380 shares, compared to its average volume of 33,742. The stock has a market cap of $10.58 billion, a price-to-earnings ratio of 12.49 and a beta of 0.44. West Japan Railway has a 52 week low of $16.32 and a 52 week high of $24.85. The business's 50-day moving average is $22.50 and its 200-day moving average is $21.32. The company has a current ratio of 0.91, a quick ratio of 0.59 and a debt-to-equity ratio of 1.02.

West Japan Railway (OTCMKTS:WJRYY - Get Free Report) last released its quarterly earnings data 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. The company had revenue of $2.90 billion during the quarter, compared to analysts' expectations of $2.95 billion. West Japan Railway had a net margin of 7.25% and a return on equity of 9.59%. Equities analysts expect that West Japan Railway will post 1.36 earnings per share for the current 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.