Ryohin Keikaku (OTCMKTS:RYKKY) Stock Price Down 3.7% – Here’s Why

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s share price fell 3.7% on Tuesday . The company traded as low as $13.4880 and last traded at $13.4880. 316 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 4,126 shares. The stock had previously closed at $14.00.

Analyst Ratings Changes

Separately, Sanford C. Bernstein started coverage on Ryohin Keikaku in a report on Tuesday, May 26th. They issued a “market perform” rating on the stock. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Ryohin Keikaku Stock Performance

The company has a debt-to-equity ratio of 0.20, a current ratio of 3.00 and a quick ratio of 1.77. The stock has a 50-day moving average price of $12.98 and a 200-day moving average price of $11.94. The firm has a market capitalization of $14.90 billion and a PE ratio of 35.85.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its quarterly earnings data on Friday, July 10th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.04. The firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.54 billion. On average, research analysts expect that Ryohin Keikaku Co. Ltd. will post 0.41 EPS for the current fiscal year.

About Ryohin Keikaku

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.