West Japan Railway (OTCMKTS:WJRYY) Shares Gap Down - Here's Why

West Japan Railway (OTCMKTS:WJRYY - Get Free Report)'s share price gapped down prior to trading on Tuesday . The stock had previously closed at $22.12, but opened at $21.27. West Japan Railway shares last traded at $21.27, with a volume of 1,023 shares traded.

West Japan Railway Price Performance

The stock has a market cap of $10.15 billion, a P/E ratio of 13.57 and a beta of 0.37. The business's 50 day moving average price is $22.02 and its two-hundred day moving average price is $20.29. The company has a current ratio of 0.88, a quick ratio of 0.62 and a debt-to-equity ratio of 1.01.

West Japan Railway (OTCMKTS:WJRYY - Get Free Report) last posted its quarterly earnings results on Friday, May 2nd. The company reported $0.04 earnings per share for the quarter, topping analysts' consensus estimates of ($0.14) by $0.18. West Japan Railway had a net margin of 6.66% and a return on equity of 9.01%. The business had revenue of $3.21 billion during the quarter, compared to analyst estimates of $3.18 billion. As a group, sell-side analysts expect that West Japan Railway will post 1.36 earnings per share 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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