West Japan Railway (OTCMKTS:WJRYY) Shares Up 0.6% - Here's Why

Key Points

• West Japan Railway's stock increased by 0.6% to $23.34, despite a significant drop in trading volume, which fell 65% from its average.
• The company reported earnings per share of $0.67, exceeding projections by $0.10, although its revenue of $2.90 billion fell slightly short of the estimated $2.95 billion.
• West Japan Railway has a market cap of $10.98 billion and holds a debt-to-equity ratio of 1.01, indicating a moderate financial leverage.

Shares of West Japan Railway (OTCMKTS:WJRYY - Get Free Report) rose 0.6% on Monday . The stock traded as high as $23.44 and last traded at $23.34. Approximately 4,035 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 11,529 shares. The stock had previously closed at $23.20.

West Japan Railway Stock Performance

The company has a 50-day simple moving average of $22.50 and a two-hundred day simple moving average of $21.28. The company has a quick ratio of 0.62, a current ratio of 0.91 and a debt-to-equity ratio of 1.02. The firm has a market cap of $10.61 billion, a PE ratio of 12.53 and a beta of 0.44.

West Japan Railway (OTCMKTS:WJRYY - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The company reported $0.67 earnings per share 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 business had revenue of $2.90 billion for the quarter, compared to analysts' expectations of $2.95 billion. As a group, equities research analysts forecast 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.