Ryohin Keikaku (OTCMKTS:RYKKY) Sees Unusually-High Trading Volume – Here’s What Happened

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) shares saw an uptick in trading volume on Tuesday . Approximately 2,522 shares changed hands during trading, a decline of 46% from the previous session’s volume of 4,694 shares.The stock last traded at $13.30 and had previously closed at $11.75.

Analyst Ratings Changes

Separately, Sanford C. Bernstein assumed coverage on Ryohin Keikaku in a research report on Tuesday, May 26th. They set a “market perform” rating on the stock. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Ryohin Keikaku has an average rating of “Hold”.

Ryohin Keikaku Price Performance

The company has a quick ratio of 1.56, a current ratio of 2.87 and a debt-to-equity ratio of 0.20. The business has a fifty day moving average of $11.27 and a 200 day moving average of $10.97. The firm has a market cap of $15.06 billion and a P/E ratio of 67.05.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its quarterly earnings data on Friday, July 10th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The business had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.54 billion. On average, sell-side analysts anticipate that Ryohin Keikaku Co. Ltd. will post 0.39 earnings per share for the current year.

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.