Ryohin Keikaku (OTCMKTS:RYKKY) Shares Down 7% – What’s Next?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s stock price traded down 7% during mid-day trading on Wednesday . The company traded as low as $13.99 and last traded at $13.99. 1,962 shares changed hands during mid-day trading, a decline of 53% from the average daily volume of 4,203 shares. The stock had previously closed at $15.04.

Wall Street Analyst Weigh In

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

Ryohin Keikaku Stock Performance

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 capitalization of $15.71 billion and a PE ratio of 37.81. The stock has a 50-day simple moving average of $12.72 and a 200 day simple moving average of $11.80.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its quarterly 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 firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.54 billion. Equities analysts anticipate that Ryohin Keikaku Co. Ltd. will post 0.39 EPS 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.