Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Down – Should You Sell?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s share price gapped down prior to trading on Tuesday . The stock had previously closed at $14.55, but opened at $13.00. Ryohin Keikaku shares last traded at $14.60, with a volume of 3,711 shares trading hands.

Wall Street Analyst Weigh In

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

Ryohin Keikaku Price Performance

The company has a fifty day simple moving average of $13.14 and a two-hundred day simple moving average of $12.01. The stock has a market capitalization of $15.15 billion and a price-to-earnings ratio of 36.46. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.77 and a current ratio of 3.00.

Ryohin Keikaku (OTCMKTS:RYKKY) last issued its quarterly earnings results on Friday, July 10th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.54 billion. As a group, equities research analysts expect that Ryohin Keikaku Co. Ltd. will post 0.41 earnings per share for the current fiscal 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.