Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Up – Here’s Why

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) gapped up prior to trading on Wednesday . The stock had previously closed at $13.45, but opened at $14.1070. Ryohin Keikaku shares last traded at $14.1070, with a volume of 373 shares traded.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein assumed coverage on Ryohin Keikaku in a report on Tuesday, May 26th. They issued a “market perform” rating for the company. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

Ryohin Keikaku Stock Performance

The company has a debt-to-equity ratio of 0.20, a current ratio of 3.00 and a quick ratio of 1.77. The company has a 50 day simple moving average of $13.20 and a 200-day simple moving average of $12.02. The stock has a market capitalization of $15.84 billion, a P/E ratio of 38.13, a price-to-earnings-growth ratio of 2.00 and a beta of 0.48.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced 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 analysts’ expectations of $1.54 billion. On average, equities analysts forecast that Ryohin Keikaku Co. Ltd. will post 0.41 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.