Ryohin Keikaku (OTCMKTS:RYKKY) Shares Down 5.4% – Should You Sell?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s stock price dropped 5.4% during mid-day trading on Thursday . The company traded as low as $9.99 and last traded at $9.99. Approximately 1,681 shares changed hands during mid-day trading, a decline of 69% from the average daily volume of 5,449 shares. The stock had previously closed at $10.56.

Ryohin Keikaku Price Performance

The stock has a fifty day moving average price of $11.40 and a 200-day moving average price of $10.62. The firm has a market capitalization of $12.16 billion and a PE ratio of 54.15. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.56 and a current ratio of 2.87.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its quarterly earnings results on Friday, April 10th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.28 billion. Sell-side analysts forecast that Ryohin Keikaku Co. Ltd. will post 0.38 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.