Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Down – Time to Sell?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) gapped down before the market opened on Friday . The stock had previously closed at $15.0650, but opened at $14.50. Ryohin Keikaku shares last traded at $14.50, with a volume of 811 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein initiated coverage on shares of Ryohin Keikaku in a report on Tuesday, May 26th. They issued a “market perform” rating on the stock. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.

Ryohin Keikaku Stock Up 8.1%

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 stock has a 50 day simple moving average of $12.54 and a 200-day simple moving average of $11.71. The firm has a market cap of $16.29 billion and a PE ratio of 39.19.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its earnings results on Friday, July 10th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates 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. Sell-side analysts predict that Ryohin Keikaku Co. Ltd. will post 0.39 EPS for the current fiscal 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.