Ryohin Keikaku (OTCMKTS:RYKKY) Shares Down 9% – Should You Sell?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) shares were down 9% on Thursday . The stock traded as low as $13.09 and last traded at $13.09. 772 shares were traded during trading, a decline of 83% from the average daily volume of 4,454 shares. The stock had previously closed at $14.38.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein started coverage on Ryohin Keikaku in a research report on Tuesday, May 26th. They set a “market perform” rating on the stock. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Ryohin Keikaku has a consensus rating of “Hold”.

Ryohin Keikaku Price Performance

The company has a market cap of $14.70 billion and a PE ratio of 35.38. The stock has a fifty day moving average price of $11.89 and a 200-day moving average price of $11.36. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.00 and a quick ratio of 1.77.

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.

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.