Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Down – Should You Sell?

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) gapped down prior to trading on Monday . The stock had previously closed at $14.65, but opened at $14.00. Ryohin Keikaku shares last traded at $13.9416, with a volume of 1,351 shares traded.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein assumed coverage on Ryohin Keikaku in a research note on Tuesday, May 26th. They set a “market perform” rating on the stock. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Ryohin Keikaku currently has a consensus 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 stock’s 50 day moving average price is $11.42 and its two-hundred day moving average price is $11.09. The stock has a market cap of $15.66 billion and a price-to-earnings ratio of 37.68.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its quarterly earnings results on Friday, July 10th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.13 by $0.04. The business had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Equities research analysts forecast that Ryohin Keikaku Co. Ltd. will post 0.39 EPS for the current fiscal 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.