West Japan Railway (OTCMKTS:WJRYY) Sees Large Drop in Short Interest

West Japan Railway (OTCMKTS:WJRYY - Get Free Report) was the recipient of a large decrease in short interest in the month of October. As of October 31st, there was short interest totalling 34,100 shares, a decrease of 16.8% from the October 15th total of 41,000 shares. Based on an average trading volume of 131,300 shares, the days-to-cover ratio is presently 0.3 days.

West Japan Railway Price Performance

WJRYY stock traded up $0.17 during mid-day trading on Friday, hitting $17.23. The stock had a trading volume of 220,193 shares, compared to its average volume of 87,453. The company has a current ratio of 0.84, a quick ratio of 0.57 and a debt-to-equity ratio of 1.00. The firm has a fifty day simple moving average of $18.30 and a 200 day simple moving average of $18.78. West Japan Railway has a 52 week low of $16.88 and a 52 week high of $22.17. The firm has a market capitalization of $16.82 billion, a P/E ratio of 13.84 and a beta of 0.33.

West Japan Railway (OTCMKTS:WJRYY - Get Free Report) last announced its quarterly earnings results on Friday, November 1st. The company reported $0.42 earnings per share (EPS) for the quarter. The company had revenue of $2.75 billion for the quarter. West Japan Railway had a net margin of 6.01% and a return on equity of 9.78%. As a group, research analysts forecast that West Japan Railway will post 1.38 EPS for the current year.

About West Japan Railway

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.