Ryohin Keikaku (OTCMKTS:RYKKY) Trading Down 6.4% – Here’s Why

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s share price dropped 6.4% on Wednesday . The stock traded as low as $10.5750 and last traded at $10.5750. Approximately 1,709 shares traded hands during trading, a decline of 68% from the average daily volume of 5,270 shares. The stock had previously closed at $11.2999.

Ryohin Keikaku Price Performance

The company has a debt-to-equity ratio of 0.20, a current ratio of 2.81 and a quick ratio of 1.62. The company has a 50-day moving average price of $11.01 and a 200-day moving average price of $10.28. The firm has a market capitalization of $11.88 billion and a PE ratio of 81.38.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its quarterly earnings data on Wednesday, January 14th. The company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. The company had revenue of $1.51 billion for the quarter, compared to analyst estimates 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.