Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Up – Still a Buy?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) shares gapped up before the market opened on Thursday . The stock had previously closed at $14.0850, but opened at $14.9620. Ryohin Keikaku shares last traded at $13.41, with a volume of 511 shares.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein assumed coverage on Ryohin Keikaku in a research report on Tuesday, May 26th. They issued a “market perform” rating on the stock. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Ryohin Keikaku has an average rating of “Hold”.

Ryohin Keikaku Trading Down 11.0%

The company has a current ratio of 3.00, a quick ratio of 1.77 and a debt-to-equity ratio of 0.20. The firm has a market cap of $15.06 billion and a P/E ratio of 36.24. The company’s fifty day moving average price is $12.43 and its two-hundred day moving average price is $11.67.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its earnings results on Friday, July 10th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The firm had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.54 billion. As a group, sell-side analysts predict that Ryohin Keikaku Co. Ltd. will post 0.39 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.