West Japan Railway (OTCMKTS:WJRYY) Sees Significant Decrease in Short Interest

West Japan Railway (OTCMKTS:WJRYY) was the target of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 11,800 shares, a drop of 50.0% from the February 28th total of 23,600 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average trading volume of 37,300 shares, the days-to-cover ratio is currently 0.3 days.

West Japan Railway Price Performance

Shares of West Japan Railway stock opened at $20.10 on Friday. The company has a market capitalization of $9.46 billion, a price-to-earnings ratio of 15.70 and a beta of 0.25. The company has a quick ratio of 0.62, a current ratio of 0.96 and a debt-to-equity ratio of 1.00. The stock’s 50-day simple moving average is $19.26 and its 200-day simple moving average is $18.50. West Japan Railway has a 52 week low of $16.32 and a 52 week high of $22.30.

West Japan Railway (OTCMKTS:WJRYY) last posted its quarterly earnings results on Friday, January 31st. The company reported $0.60 EPS for the quarter. West Japan Railway had a return on equity of 9.72% and a net margin of 6.07%. As a group, analysts expect that West Japan Railway will post 1.36 earnings per share for the current fiscal year.

West Japan Railway Company Profile

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.