Ryohin Keikaku (OTCMKTS:RYKKY) Trading 12.6% Higher – Here’s Why

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s share price rose 12.6% during trading on Thursday . The company traded as high as $13.9060 and last traded at $13.9060. Approximately 647 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 4,567 shares. The stock had previously closed at $12.35.

Analyst Ratings Changes

Separately, Sanford C. Bernstein assumed coverage on Ryohin Keikaku in a 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.com, Ryohin Keikaku has an average rating of “Hold”.

Ryohin Keikaku Price Performance

The stock has a market capitalization of $15.62 billion and a PE ratio of 37.58. The firm’s fifty day moving average price is $11.57 and its two-hundred day moving average price is $11.19. The company has a quick ratio of 1.56, a current ratio of 3.00 and a debt-to-equity ratio of 0.20.

Ryohin Keikaku (OTCMKTS:RYKKY) last issued its earnings results 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 company had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.54 billion. On average, equities analysts predict 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.