Short Interest in Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Declines By 37.4%

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) saw a large drop in short interest in June. As of June 30th, there was short interest totaling 1,034 shares, a drop of 37.4% from the June 15th total of 1,652 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 4,174 shares, the short-interest ratio is presently 0.2 days.

Ryohin Keikaku Stock Performance

Ryohin Keikaku stock opened at $13.55 on Friday. 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 company has a market capitalization of $15.22 billion and a PE ratio of 36.62. The firm has a fifty day simple moving average of $11.37 and a two-hundred day simple moving average of $11.05. Ryohin Keikaku has a twelve month low of $8.76 and a twelve month high of $14.39.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its quarterly earnings data on Friday, July 10th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.54 billion. Research analysts expect that Ryohin Keikaku will post 0.39 EPS for the current year.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein started coverage on Ryohin Keikaku in a research note on Tuesday, May 26th. They issued a “market perform” rating for the company. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

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.