Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Down – What’s Next?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) gapped down before the market opened on Monday . The stock had previously closed at $12.94, but opened at $12.35. Ryohin Keikaku shares last traded at $12.35, with a volume of 2,545 shares changing hands.

Wall Street Analyst Weigh In

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

Ryohin Keikaku Stock Up 3.2%

The company has a market cap of $15.94 billion and a PE ratio of 38.37. The company has a fifty day moving average of $11.67 and a two-hundred day moving average of $11.25. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.77 and a current ratio of 3.00.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its quarterly earnings data on Friday, July 10th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.13 by $0.04. The firm had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.54 billion. As a group, analysts anticipate that Ryohin Keikaku Co. Ltd. will post 0.39 earnings per share 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.