West Japan Railway (OTCMKTS:WJRYY) Short Interest Down 68.5% in December

West Japan Railway (OTCMKTS:WJRYY) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 1,840 shares, a decline of 68.5% from the November 30th total of 5,835 shares. Based on an average daily volume of 78,388 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 78,388 shares, the short-interest ratio is presently 0.0 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered shares of West Japan Railway from a “hold” rating to a “strong sell” rating in a report on Monday, December 1st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the company has a consensus rating of “Sell”.

West Japan Railway Price Performance

West Japan Railway stock opened at $19.93 on Thursday. The firm has a market cap of $9.08 billion, a P/E ratio of 10.43 and a beta of 0.26. The stock’s 50 day moving average is $20.08 and its 200 day moving average is $21.53. The company has a debt-to-equity ratio of 1.03, a current ratio of 1.00 and a quick ratio of 0.66. West Japan Railway has a one year low of $16.32 and a one year high of $24.85.

West Japan Railway (OTCMKTS:WJRYY) last released its quarterly 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 firm had revenue of $2.90 billion for the quarter, compared to the consensus estimate of $3.01 billion. As a group, research analysts expect 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.