Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Down – Here’s Why

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) gapped down before the market opened on Tuesday . The stock had previously closed at $11.48, but opened at $10.88. Ryohin Keikaku shares last traded at $10.88, with a volume of 2,309 shares changing hands.

Ryohin Keikaku Stock Up 0.4%

The company’s fifty day moving average price is $10.42 and its 200-day moving average price is $11.73. The stock has a market cap of $12.75 billion and a P/E ratio of 87.35. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.62 and a current ratio of 2.81.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its earnings results on Wednesday, January 14th. The company reported $0.13 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The business had revenue of $1.51 billion during the quarter, compared to analysts’ expectations of $1.44 billion.

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.