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

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $11.25, but opened at $12.0910. Ryohin Keikaku shares last traded at $12.25, with a volume of 513 shares.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein initiated coverage on shares of Ryohin Keikaku in a report on Tuesday, May 26th. They issued a “market perform” rating on the stock. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Ryohin Keikaku Stock Down 7.3%

The firm has a market capitalization of $12.24 billion and a PE ratio of 54.47. The firm’s 50 day moving average price is $11.25 and its two-hundred day moving average price is $10.92. The company has a quick ratio of 1.56, a current ratio of 2.87 and a debt-to-equity ratio of 0.20.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its quarterly earnings results on Friday, April 10th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.01. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.28 billion. As a group, research analysts forecast that Ryohin Keikaku Co. Ltd. will post 0.38 EPS for the current fiscal 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.