Ryohin Keikaku (OTCMKTS:RYKKY) Stock Price Down 3.7% – Should You Sell?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s stock price was down 3.7% on Tuesday . The company traded as low as $13.4880 and last traded at $13.4880. Approximately 316 shares traded hands during trading, a decline of 92% from the average session volume of 4,126 shares. The stock had previously closed at $14.00.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein started coverage on Ryohin Keikaku in a research note on Tuesday, May 26th. They issued a “market perform” rating for the company. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Ryohin Keikaku Stock Down 3.7%

The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.77 and a current ratio of 3.00. The firm has a 50 day simple moving average of $12.90 and a two-hundred day simple moving average of $11.90. The stock has a market cap of $15.15 billion and a P/E ratio of 36.45.

Ryohin Keikaku (OTCMKTS:RYKKY) last issued its quarterly earnings results on Friday, July 10th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.54 billion. Equities research analysts predict that Ryohin Keikaku Co. Ltd. will post 0.41 earnings per share for the current year.

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.