West Japan Railway (OTCMKTS:WJRYY) Shares Gap Up – Still a Buy?

Shares of West Japan Railway (OTCMKTS:WJRYY) gapped up prior to trading on Wednesday . The stock had previously closed at $20.4950, but opened at $22.00. West Japan Railway shares last traded at $22.00, with a volume of 8,882 shares.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded West Japan Railway from a “strong sell” rating to a “hold” rating in a research report on Monday, January 26th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock has a consensus rating of “Hold”.

West Japan Railway Stock Performance

The stock has a 50 day moving average price of $19.88 and a two-hundred day moving average price of $21.08. The company has a current ratio of 1.00, a quick ratio of 0.66 and a debt-to-equity ratio of 1.03. The company has a market cap of $9.92 billion, a price-to-earnings ratio of 11.40 and a beta of 0.23.

West Japan Railway (OTCMKTS:WJRYY) last posted its earnings results on Tuesday, November 4th. The company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.60 by ($0.04). West Japan Railway had a return on equity of 10.10% and a net margin of 7.47%.The company had revenue of $2.90 billion for the quarter, compared to analyst estimates of $3.01 billion. Analysts predict that West Japan Railway will post 1.36 EPS for the current year.

About West Japan Railway

West Japan Railway Company (OTCMKTS: WJRYY), commonly known as JR West, is one of the regional passenger railway operators formed in 1987 following the privatization of Japanese National Railways. Headquartered in Osaka, JR West manages a comprehensive rail network across western Honshu, providing vital transportation links that facilitate daily commuting, intercity travel, and regional tourism. As an American Depositary Receipt (ADR)–listed issuer, the company offers international investors access to its operations through trading on OTC markets in the United States.

JR West’s core business centers on passenger rail services, including high-speed Shinkansen lines and an extensive range of conventional rail routes.