West Japan Railway (OTCMKTS:WJRYY) Issues Quarterly Earnings Results

West Japan Railway (OTCMKTS:WJRYY) issued its earnings results on Thursday. The company reported $0.50 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.03, Zacks reports. West Japan Railway had a net margin of 6.41% and a return on equity of 9.37%.

West Japan Railway Stock Up 5.6%

Shares of WJRYY stock traded up $1.11 during mid-day trading on Thursday, hitting $20.95. The stock had a trading volume of 13,039 shares, compared to its average volume of 10,825. West Japan Railway has a 12-month low of $15.08 and a 12-month high of $23.85. The company has a debt-to-equity ratio of 1.06, a current ratio of 1.12 and a quick ratio of 0.74. The firm’s 50-day moving average is $19.14 and its two-hundred day moving average is $18.89. The firm has a market capitalization of $9.54 billion, a P/E ratio of 12.54 and a beta of 0.12.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of West Japan Railway from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, October 28th. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat, West Japan Railway currently has a consensus rating of “Hold”.

About West Japan Railway

West Japan Railway Company, also known as JR West, operates passenger railway services primarily across western Japan. Its network serves major urban and regional markets in the Kansai, Chugoku, Hokuriku, and other parts of western Honshu, connecting cities such as Osaka, Kyoto, Kobe, Hiroshima, and Kanazawa. The company operates conventional rail lines as well as high-speed Shinkansen services, including the Sanyo Shinkansen.

In addition to railway transportation, JR West provides related services such as station operations, bus transportation, and travel services.