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) was the target of 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 shares are sold short. 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 shares are sold short.

West Japan Railway Price Performance

WJRYY opened at $22.77 on Friday. The stock's 50-day moving average price is $22.56 and its 200 day moving average price is $21.69. West Japan Railway has a 12-month low of $16.32 and a 12-month 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 market cap of $10.71 billion, a price-to-earnings ratio of 12.65 and a beta of 0.36.

West Japan Railway (OTCMKTS:WJRYY - Get Free Report) last posted its earnings results on Tuesday, August 5th. The company reported $0.67 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $2.90 billion for the quarter, compared to analyst estimates of $2.95 billion. As a group, sell-side analysts expect 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.

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