Rakuten Group (OTCMKTS:RKUNF – Get Free Report) is anticipated to announce its resultson Thursday, May 14th. Analysts expect the company to announce earnings of ($0.1217) per share and revenue of $3.8820 billion for the quarter.
Rakuten Group Stock Down 3.1%
RKUNF stock opened at $4.61 on Tuesday. The company has a fifty day moving average price of $4.87 and a 200-day moving average price of $5.61. Rakuten Group has a 52-week low of $4.20 and a 52-week high of $7.32.
About Rakuten Group
Rakuten Group, Inc is a Tokyo‐based technology conglomerate best known for its e-commerce marketplace, Rakuten Ichiba, one of Japan’s largest online retail platforms. Since its establishment in 1997 by Hiroshi Mikitani, the company has diversified into a range of digital services spanning fintech, digital content, communications and logistics. Key services include Rakuten Card (credit and payment solutions), Rakuten Bank (online banking), Rakuten Securities (investment services), Rakuten Travel (online travel agency) and Rakuten Kobo (e-books and digital reading devices).
In addition to its core marketplace business, Rakuten has expanded into telecommunications through the launch of Rakuten Mobile, a fully virtualized, cloud-native mobile network service.
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