West Japan Railway (OTCMKTS:WJRYY) Short Interest Update

Key Points

• West Japan Railway experienced a significant increase in short interest, rising from 5,600 to 11,200 shares in August, indicating a 100% increase over two weeks.
• The company reported earnings of $0.67 per share for the last quarter, surpassing analyst expectations of $0.57, while its revenue was slightly below projections at $2.90 billion.
• As of now, West Japan Railway's shares have a market cap of $10.71 billion and a current ratio of 0.91, indicating its liquidity position.

West Japan Railway (OTCMKTS:WJRYY - Get Free Report) saw a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 11,200 shares, an increase of 100.0% from the August 15th total of 5,600 shares. Currently, 0.0% of the company's stock are short sold. Based on an average daily volume of 17,700 shares, the days-to-cover ratio is presently 0.6 days. Based on an average daily volume of 17,700 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.0% of the company's stock are short sold.

West Japan Railway Stock Up 0.2%

WJRYY stock traded up $0.04 on Friday, reaching $22.76. 570 shares of the company traded hands, compared to its average volume of 31,065. The company has a market cap of $10.71 billion, a P/E ratio of 12.64 and a beta of 0.36. The firm has a fifty day simple moving average of $22.60 and a 200-day simple moving average of $21.76. West Japan Railway has a one year low of $16.32 and a one year high of $24.85. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.91 and a quick ratio of 0.59.

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 analysts' consensus estimates of $0.57 by $0.10. The firm had revenue of $2.90 billion during the quarter, compared to analyst estimates of $2.95 billion. West Japan Railway had a return on equity of 9.59% and a net margin of 7.25%. Research analysts anticipate that West Japan Railway will post 1.36 earnings per share for the current year.

West Japan Railway Company Profile

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.