Short Interest in Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Rises By 65.3%

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 3,739 shares, an increase of 65.3% from the July 15th total of 2,262 shares. Based on an average daily volume of 2,780 shares, the short-interest ratio is currently 1.3 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

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

Ryohin Keikaku Price Performance

Shares of RYKKY stock opened at $15.04 on Wednesday. The stock’s 50-day moving average is $12.72 and its 200 day moving average is $11.80. Ryohin Keikaku has a 1-year low of $8.76 and a 1-year high of $15.39. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.00 and a quick ratio of 1.77. The company has a market cap of $16.89 billion and a P/E ratio of 40.65.

Ryohin Keikaku (OTCMKTS:RYKKY) last released 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 firm had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.54 billion. Research analysts predict that Ryohin Keikaku will post 0.39 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.