West Japan Railway (OTCMKTS:WJRYY) Upgraded at Zacks Research

Zacks Research upgraded shares of West Japan Railway (OTCMKTS:WJRYY) from a strong sell rating to a hold rating in a report published on Monday morning,Zacks.com reports.

West Japan Railway Price Performance

WJRYY stock opened at $20.34 on Monday. The firm’s fifty day moving average is $19.83 and its 200 day moving average is $21.12. The company has a debt-to-equity ratio of 1.03, a quick ratio of 0.66 and a current ratio of 1.00. West Japan Railway has a 52 week low of $17.50 and a 52 week high of $24.85. The firm has a market cap of $9.27 billion, a P/E ratio of 10.65 and a beta of 0.23.

West Japan Railway (OTCMKTS:WJRYY) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.56 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 during the quarter, compared to analysts’ expectations of $3.01 billion. Research analysts predict that West Japan Railway will post 1.36 earnings per share 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.