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

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) gapped down prior to trading on Thursday . The stock had previously closed at $11.70, but opened at $11.10. Ryohin Keikaku shares last traded at $11.10, with a volume of 205 shares trading hands.

Wall Street Analysts Forecast Growth

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

Ryohin Keikaku Price Performance

The firm has a market cap of $12.47 billion and a price-to-earnings ratio of 55.50. The company has a current ratio of 2.87, a quick ratio of 1.56 and a debt-to-equity ratio of 0.20. The company has a 50 day moving average of $11.48 and a 200 day moving average of $10.77.

Ryohin Keikaku (OTCMKTS:RYKKY) last issued its quarterly earnings data on Friday, April 10th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.06 by $0.01. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. Equities research analysts predict that Ryohin Keikaku Co. Ltd. will post 0.38 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.