Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Down – Here’s What Happened

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKYGet Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $13.61, but opened at $11.96. Ryohin Keikaku shares last traded at $11.93, with a volume of 893 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein initiated coverage on shares of Ryohin Keikaku in a report on Tuesday, May 26th. They set a “market perform” rating for the company. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Ryohin Keikaku presently has an average rating of “Hold”.

Check Out Our Latest Research Report on RYKKY

Ryohin Keikaku Price Performance

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 market cap of $14.63 billion, a P/E ratio of 35.22, a P/E/G ratio of 1.62 and a beta of 0.48. The company has a 50-day moving average of $13.58 and a 200 day moving average of $12.12.

Ryohin Keikaku (OTCMKTS:RYKKYGet Free Report) last announced its quarterly earnings results on Friday, July 10th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.13 by $0.04. The company had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.54 billion. On average, sell-side analysts anticipate that Ryohin Keikaku Co. Ltd. will post 0.41 EPS for the current year.

About Ryohin Keikaku

(Get Free Report)

Ryohin Keikaku Co, Ltd. is a Japanese retail and consumer products company best known for operating the MUJI brand. The company develops and sells products designed around simplicity, functionality and reduced packaging, including household goods, furniture, apparel, stationery, cosmetics, food and travel-related items.

Founded in Japan in 1980, Ryohin Keikaku initially operated MUJI as a private-label brand before expanding the concept into a broad retail business. In addition to its stores and e-commerce operations, the company has developed related businesses such as cafés, restaurants, hotels and other lifestyle-oriented services.

Ryohin Keikaku serves customers through a network of retail locations and digital channels in Japan and international markets.

Further Reading

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