Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Short Interest Up 553.0% in June

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 1,652 shares, a growth of 553.0% from the May 31st total of 253 shares. Based on an average trading volume of 6,028 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.0% of the company’s shares are sold short.

Ryohin Keikaku Stock Up 0.0%

Shares of OTCMKTS RYKKY traded up $0.00 during trading on Friday, reaching $10.70. The company had a trading volume of 507 shares, compared to its average volume of 4,784. The stock has a market cap of $12.02 billion and a PE ratio of 53.50. The business’s 50-day moving average is $11.38 and its 200 day moving average is $10.82. Ryohin Keikaku has a 12-month low of $8.76 and a 12-month high of $12.81. The company has a quick ratio of 1.56, a current ratio of 2.87 and a debt-to-equity ratio of 0.20.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its quarterly earnings data on Friday, April 10th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. The firm had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.28 billion. As a group, equities analysts forecast that Ryohin Keikaku will post 0.38 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein began coverage on Ryohin Keikaku in a research note on Tuesday, May 26th. They issued a “market perform” rating for the company. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company currently has an average rating of “Hold”.

Ryohin Keikaku Company Profile

Ryohin Keikaku Co, Ltd., founded in 1980 and headquartered in Tokyo, is a Japanese retailer best known for its MUJI brand. The company’s core business revolves around the design, planning, manufacturing and sale of a broad array of household and consumer products. Emphasizing simplicity, functionality and quality, Ryohin Keikaku has built a reputation for its “no‐brand” or minimalist design philosophy, which seeks to eliminate unnecessary features and branding in favor of honest materials and understated aesthetics.

The company’s product portfolio includes furniture, kitchenware, home furnishings, apparel, stationery, personal care items and a curated selection of packaged foods.