Ryohin Keikaku (OTCMKTS:RYKKY) Shares Down 5.4% – Should You Sell?

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) fell 5.4% during mid-day trading on Thursday . The company traded as low as $9.99 and last traded at $9.99. 1,681 shares traded hands during trading, a decline of 69% from the average session volume of 5,449 shares. The stock had previously closed at $10.56.

Ryohin Keikaku Stock Down 3.2%

The company has a 50-day simple moving average of $11.40 and a 200 day simple moving average of $10.62. The company has a market cap of $12.16 billion and a P/E ratio of 54.15. The company has a current ratio of 2.87, a quick ratio of 1.56 and a debt-to-equity ratio of 0.20.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its quarterly earnings data on Friday, April 10th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.06 by $0.01. The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.28 billion. On average, equities analysts anticipate 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.