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

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s share price gapped down before the market opened on Thursday . The stock had previously closed at $15.04, but opened at $13.50. Ryohin Keikaku shares last traded at $13.74, with a volume of 1,373 shares.

Analysts Set New Price Targets

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

Ryohin Keikaku Trading Down 0.7%

The company has a quick ratio of 1.77, a current ratio of 3.00 and a debt-to-equity ratio of 0.20. The company’s 50-day moving average is $12.77 and its 200 day moving average is $11.82. The company has a market cap of $15.43 billion and a price-to-earnings ratio of 37.14.

Ryohin Keikaku (OTCMKTS:RYKKY) last issued its quarterly earnings data on Friday, July 10th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The firm had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.54 billion. Research analysts predict that Ryohin Keikaku Co. Ltd. will post 0.39 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.