West Japan Railway (OTCMKTS:WJRYY) Lowered to “Strong Sell” Rating by Zacks Research

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

West Japan Railway Price Performance

WJRYY traded down $0.17 during midday trading on Monday, reaching $19.76. 6,381 shares of the company’s stock were exchanged, compared to its average volume of 30,474. West Japan Railway has a 1-year low of $16.32 and a 1-year high of $24.85. The stock has a market capitalization of $9.00 billion, a PE ratio of 10.35 and a beta of 0.26. The company has a debt-to-equity ratio of 1.02, a current ratio of 0.91 and a quick ratio of 0.59. The business’s 50-day moving average price is $20.64 and its 200 day moving average price is $21.77.

West Japan Railway (OTCMKTS:WJRYY) last released its quarterly earnings results 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 net margin of 7.47% and a return on equity of 10.19%. The business had revenue of $2.90 billion during the quarter, compared to analyst estimates of $3.01 billion. As a group, equities analysts anticipate that West Japan Railway will post 1.36 EPS for the current fiscal 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.