Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Up – Here’s What Happened

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) gapped up prior to trading on Thursday . The stock had previously closed at $10.99, but opened at $11.61. Ryohin Keikaku shares last traded at $11.61, with a volume of 334 shares trading hands.

Ryohin Keikaku Price Performance

The company has a fifty day simple moving average of $9.82 and a two-hundred day simple moving average of $16.37. The stock has a market capitalization of $12.87 billion and a price-to-earnings ratio of 88.12. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.62 and a current ratio of 2.81.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its quarterly earnings results on Wednesday, January 14th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.10 by $0.03. The firm had revenue of $1.51 billion for the quarter, compared to analysts’ expectations of $1.44 billion.

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.