Ryohin Keikaku (OTCMKTS:RYKKY) Shares Up 6.7% – What’s Next?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) shares were up 6.7% on Friday . The stock traded as high as $14.3550 and last traded at $14.3550. Approximately 712 shares changed hands during mid-day trading, a decline of 83% from the average session volume of 4,227 shares. The stock had previously closed at $13.45.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein began coverage on Ryohin Keikaku in a research note on Tuesday, May 26th. They set a “market perform” rating on the stock. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Ryohin Keikaku Stock Performance

The company’s 50-day moving average is $13.31 and its two-hundred day moving average is $12.05. The company has a market cap of $16.12 billion, a P/E ratio of 38.80, a price-to-earnings-growth ratio of 1.71 and a beta of 0.48. The company has a quick ratio of 1.77, a current ratio of 3.00 and a debt-to-equity ratio of 0.20.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its quarterly earnings data on Friday, July 10th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.04. The firm had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Equities analysts predict that Ryohin Keikaku Co. Ltd. will post 0.41 EPS 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.