West Japan Railway (OTCMKTS:WJRYY) Shares Down 9.2% – Here’s What Happened

Shares of West Japan Railway (OTCMKTS:WJRYY) dropped 9.2% during mid-day trading on Thursday. The company traded as low as $17.6510 and last traded at $17.6510. 2,070 shares traded hands during trading, a decline of 96% from the average session volume of 49,084 shares. The stock had previously closed at $19.44.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised West Japan Railway from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Strong Buy”.

West Japan Railway Trading Down 4.2%

The company has a market capitalization of $8.48 billion, a price-to-earnings ratio of 11.15 and a beta of 0.13. The business has a fifty day moving average price of $18.83 and a 200 day moving average price of $18.25. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.12 and a quick ratio of 0.74.

West Japan Railway (OTCMKTS:WJRYY) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.06. The business had revenue of $2.69 billion for the quarter, compared to the consensus estimate of $2.66 billion. West Japan Railway had a net margin of 6.41% and a return on equity of 9.37%. West Japan Railway has set its FY 2027 guidance at 1.401-1.401 EPS. On average, equities analysts expect that West Japan Railway will post 1.43 EPS for the current fiscal year.

About West Japan Railway

West Japan Railway Co, known as JR West, is a Japanese passenger railway company formed in 1987 following the breakup and privatization of Japanese National Railways. Headquartered in Osaka, the company serves western Japan, with a network covering major urban and regional areas in the Kansai, Chugoku and Hokuriku regions.

JR West operates conventional commuter and intercity rail services, as well as the Sanyo Shinkansen connecting Shin-Osaka with Hakata and the Hokuriku Shinkansen in western Japan.