Rakuten Group (OTCMKTS:RKUNY) Hits New 12-Month High at $5.75

Rakuten Group, Inc. (OTCMKTS:RKUNY)’s share price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $5.75 and last traded at $5.74, with a volume of 11185 shares traded. The stock had previously closed at $5.55.

Rakuten Group Stock Up 3.4 %

The business has a 50-day moving average price of $4.68 and a 200-day moving average price of $4.17. The company has a market capitalization of $12.30 billion, a price-to-earnings ratio of -4.40 and a beta of 0.98. The company has a quick ratio of 1.13, a current ratio of 1.13 and a debt-to-equity ratio of 4.26.

Rakuten Group (OTCMKTS:RKUNY) last posted its quarterly earnings results on Wednesday, February 14th. The company reported ($0.43) earnings per share for the quarter. Rakuten Group had a negative net margin of 16.31% and a negative return on equity of 32.37%. The business had revenue of $3.93 billion for the quarter. As a group, equities analysts anticipate that Rakuten Group, Inc. will post -0.03 earnings per share for the current fiscal year.

About Rakuten Group

Rakuten Group, Inc provides services in e-commerce, fintech, digital content, and communications to various users in Japan and internationally. The company operates through three segments: Internet Services, FinTech, and Mobile. The Internet Services segment provides range of e-commerce sites, such as Rakuten Ichiba, an Internet shopping mall, online cash-back sites, travel booking sites, portal sites, and digital content sites.