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 $14.65, but opened at $14.00. Ryohin Keikaku shares last traded at $13.9416, with a volume of 1,351 shares traded.

Wall Street Analyst Weigh In

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

Ryohin Keikaku Price Performance

The firm has a market cap of $13.87 billion and a P/E ratio of 33.38. The business’s fifty day simple moving average is $11.51 and its 200-day simple moving average is $11.15. The company has a current ratio of 3.00, a quick ratio of 1.56 and a debt-to-equity ratio of 0.20.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its quarterly earnings results on Friday, July 10th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate 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. As a group, 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.