West Japan Railway (OTCMKTS:WJRYY) Shares Gap Up – Here’s What Happened

West Japan Railway (OTCMKTS:WJRYY)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $19.2550, but opened at $20.2020. West Japan Railway shares last traded at $19.61, with a volume of 636 shares.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded shares of West Japan Railway from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 11th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, West Japan Railway presently has an average rating of “Hold”.

West Japan Railway Stock Down 0.1%

The stock has a market capitalization of $8.93 billion, a P/E ratio of 11.74 and a beta of 0.13. The stock’s fifty day simple moving average is $18.72 and its two-hundred day simple moving average is $18.31. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.74 and a current ratio of 1.12.

West Japan Railway (OTCMKTS:WJRYY) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.53 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.06. West Japan Railway had a net margin of 6.41% and a return on equity of 9.37%. The company had revenue of $2.69 billion for the quarter, compared to analyst estimates of $2.66 billion. West Japan Railway has set its FY 2027 guidance at 1.401-1.401 EPS. As a group, research analysts expect that West Japan Railway will post 1.43 EPS for the current fiscal year.

About West Japan Railway

West Japan Railway Company, also known as JR West, is a Japanese transportation company that operates passenger railway services primarily in western Honshu and parts of the Hokuriku region. Its network serves major urban and regional markets, including Osaka, Kyoto, Kobe, Hiroshima and Kanazawa.

The company operates conventional rail lines as well as high-speed services, including the Sanyo Shinkansen between Shin-Osaka and Hakata and the Hokuriku Shinkansen in cooperation with other Japan Railways companies.