West Japan Railway (OTCMKTS:WJRYY) Short Interest Up 22.2% in December

West Japan Railway (OTCMKTS:WJRYY – Get Rating) saw a large growth in short interest in the month of December. As of December 30th, there was short interest totalling 1,100 shares, a growth of 22.2% from the December 15th total of 900 shares. Based on an average daily trading volume, of 7,600 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group upgraded West Japan Railway from a “hold” rating to a “buy” rating in a research report on Monday, October 17th.

West Japan Railway Trading Up 0.9 %

OTCMKTS:WJRYY opened at $42.77 on Friday. West Japan Railway has a fifty-two week low of $33.08 and a fifty-two week high of $45.09. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.06 and a quick ratio of 0.79. The stock has a market capitalization of $8.18 billion, a PE ratio of 66.83 and a beta of 0.31. The business’s 50-day simple moving average is $41.70 and its 200-day simple moving average is $39.39.

West Japan Railway (OTCMKTS:WJRYY – Get Rating) last released its quarterly earnings data on Tuesday, November 1st. The company reported $0.17 earnings per share for the quarter. West Japan Railway had a return on equity of 0.03% and a net margin of 1.17%. The business had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.49 billion. Sell-side analysts expect that West Japan Railway will post 2.39 earnings per share for the current fiscal year.

About West Japan Railway

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West Japan Railway Company provides passenger railway transport services in Japan. The company operates through Transportation Operations, Retail Business, Real Estate Business, and Other Businesses segments. As of March 31, 2022, it operated a route length of 4,903.1 kilometers, comprising Shinkansen route of 812.6 kilometers and conventional lines of 4,090.5 kilometers; and 1,174 stations.