Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Up – Should You Buy?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s stock price gapped up prior to trading on Friday . The stock had previously closed at $10.5750, but opened at $11.3250. Ryohin Keikaku shares last traded at $11.3250, with a volume of 862 shares.

Ryohin Keikaku Trading Up 7.1%

The company has a market cap of $12.72 billion and a price-to-earnings ratio of 56.63. The company has a quick ratio of 1.56, a current ratio of 2.87 and a debt-to-equity ratio of 0.20. The company’s 50-day moving average is $11.38 and its 200 day moving average is $10.63.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its quarterly earnings results on Friday, April 10th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.06 by $0.01. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. Research analysts predict that Ryohin Keikaku Co. Ltd. will post 0.38 EPS 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.