Ryohin Keikaku (OTCMKTS:RYKKY) Stock Price Down 10.8% – Here’s What Happened

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) fell 10.8% during mid-day trading on Friday . The stock traded as low as $10.17 and last traded at $10.17. Approximately 265 shares were traded during trading, a decline of 95% from the average daily volume of 4,822 shares. The stock had previously closed at $11.40.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein assumed coverage on Ryohin Keikaku in a research report on Tuesday, May 26th. They set a “market perform” rating on the stock. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

Ryohin Keikaku Trading Up 0.0%

The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.56 and a current ratio of 2.87. The stock has a market capitalization of $12.02 billion and a PE ratio of 53.50. The company has a 50 day moving average of $11.38 and a two-hundred day moving average of $10.82.

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