Ryohin Keikaku (OTCMKTS:RYKKY) Trading Down 6.3% – What’s Next?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s stock price fell 6.3% during mid-day trading on Monday . The stock traded as low as $12.61 and last traded at $12.61. 6,267 shares changed hands during mid-day trading, an increase of 50% from the average daily volume of 4,186 shares. The stock had previously closed at $13.46.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein started coverage on Ryohin Keikaku in a research note on Tuesday, May 26th. They issued a “market perform” rating on the stock. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Ryohin Keikaku has a consensus rating of “Hold”.

Ryohin Keikaku Stock Down 7.6%

The company has a market cap of $15.11 billion, a P/E ratio of 36.35, a P/E/G ratio of 2.00 and a beta of 0.48. The stock has a 50-day moving average of $13.20 and a two-hundred day moving average of $12.02. 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 issued its quarterly earnings results on Friday, July 10th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The business had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.54 billion. On average, research analysts anticipate that Ryohin Keikaku Co. Ltd. will post 0.41 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.