Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Down – What’s Next?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $11.70, but opened at $11.10. Ryohin Keikaku shares last traded at $11.10, with a volume of 205 shares traded.

Wall Street Analyst Weigh In

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

Ryohin Keikaku Stock Performance

The stock has a 50 day moving average price of $11.48 and a two-hundred day moving average price of $10.77. The company has a current ratio of 2.87, a quick ratio of 1.56 and a debt-to-equity ratio of 0.20. The company has a market cap of $12.47 billion and a price-to-earnings ratio of 55.50.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its quarterly earnings results on Friday, April 10th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.28 billion. Analysts predict that Ryohin Keikaku Co. Ltd. will post 0.38 EPS for the current 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.