Ryohin Keikaku (OTCMKTS:RYKKY) Trading Down 15.1% – Time to Sell?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was down 15.1% during mid-day trading on Tuesday . The stock traded as low as $12.35 and last traded at $12.35. Approximately 1,548 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 4,589 shares. The stock had previously closed at $14.5420.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein initiated coverage on Ryohin Keikaku in a research 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, the company presently has a consensus rating of “Hold”.

Ryohin Keikaku Price Performance

The company has a market cap of $15.39 billion and a PE ratio of 37.03. The stock has a fifty day moving average price of $11.57 and a 200-day moving average price of $11.19. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.00 and a quick ratio of 1.56.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its quarterly earnings data on Friday, July 10th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.04. The business had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.54 billion. On average, equities analysts expect that Ryohin Keikaku Co. Ltd. will post 0.39 earnings per share 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.