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

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) gapped down before the market opened on Friday. The stock had previously closed at $16.3050, but opened at $14.6510. Ryohin Keikaku shares last traded at $14.6510, with a volume of 1,124 shares trading hands.

Ryohin Keikaku Price Performance

The business’s 50 day simple moving average is $14.04 and its 200-day simple moving average is $12.36. The stock has a market capitalization of $16.73 billion, a price-to-earnings ratio of 31.69, a price-to-earnings-growth ratio of 3.26 and a beta of 0.42. 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 posted its quarterly earnings data on Wednesday, October 14th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. The business had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.40 billion. Ryohin Keikaku had a net margin of 8.32% and a return on equity of 20.71%. Research analysts anticipate that Ryohin Keikaku Co. Ltd. will post 0.46 earnings per share for the current year.

About Ryohin Keikaku

Ryohin Keikaku Co, Ltd. is a Japanese retail company best known for operating the MUJI brand. The company develops and sells practical, simply designed products with an emphasis on functionality and reduced ornamentation. Its merchandise includes household goods, furniture, apparel, stationery, cosmetics, food, and travel-related products.

In addition to retail stores and online sales, Ryohin Keikaku operates MUJI cafés and restaurants and has expanded into services such as lodging and housing-related businesses.