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

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) shares gapped down before the market opened on Wednesday . The stock had previously closed at $13.49, but opened at $11.71. Ryohin Keikaku shares last traded at $11.71, with a volume of 128 shares trading hands.

Analyst Ratings Changes

Separately, Sanford C. Bernstein began coverage on shares of Ryohin Keikaku in a report on Tuesday, May 26th. They set a “market perform” rating on the stock. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.

Ryohin Keikaku Trading Down 13.2%

The company has a 50 day moving average of $13.75 and a 200 day moving average of $12.21. The firm has a market cap of $13.15 billion, a P/E ratio of 31.65, a PEG ratio of 1.71 and a beta of 0.48. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.77 and a current ratio of 3.00.

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, beating the consensus estimate of $0.13 by $0.04. The business had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.54 billion. Analysts predict that Ryohin Keikaku Co. Ltd. will post 0.41 EPS for the current fiscal year.

About Ryohin Keikaku

Ryohin Keikaku Co, Ltd. is a Japanese retail and consumer products company best known for operating the MUJI brand. The company develops and sells products designed around simplicity, functionality and reduced packaging, including household goods, furniture, apparel, stationery, cosmetics, food and travel-related items.

Founded in Japan in 1980, Ryohin Keikaku initially operated MUJI as a private-label brand before expanding the concept into a broad retail business. In addition to its stores and e-commerce operations, the company has developed related businesses such as cafés, restaurants, hotels and other lifestyle-oriented services.

Ryohin Keikaku serves customers through a network of retail locations and digital channels in Japan and international markets.