Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Down – Here’s What Happened

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s stock price gapped down before the market opened on Wednesday . The stock had previously closed at $12.0083, but opened at $10.88. Ryohin Keikaku shares last traded at $10.88, with a volume of 115 shares.

Ryohin Keikaku Stock Down 11.2%

The firm has a market cap of $12.22 billion and a price-to-earnings ratio of 83.69. The business has a fifty day simple moving average of $10.81 and a 200 day simple moving average of $10.29. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.81 and a quick ratio of 1.62.

Ryohin Keikaku (OTCMKTS:RYKKY) last issued its quarterly earnings results on Wednesday, January 14th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The firm had revenue of $1.51 billion during the quarter, compared to analyst estimates of $1.44 billion.

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.