Ryohin Keikaku (OTCMKTS:RYKKY) Shares Down 5.4% – Here’s Why

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) shares were down 5.4% during trading on Thursday . The stock traded as low as $9.99 and last traded at $9.99. Approximately 1,681 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 5,449 shares. The stock had previously closed at $10.56.

Ryohin Keikaku Stock Performance

The company has a debt-to-equity ratio of 0.20, a current ratio of 2.87 and a quick ratio of 1.56. The firm has a fifty day simple moving average of $11.38 and a 200 day simple moving average of $10.63. The company has a market capitalization of $12.72 billion and a price-to-earnings ratio of 56.63.

Ryohin Keikaku (OTCMKTS:RYKKY) last issued its quarterly earnings data on Friday, April 10th. The company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.06 by $0.01. The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.28 billion. On average, analysts anticipate that Ryohin Keikaku Co. Ltd. will post 0.38 earnings per share for the current fiscal year.

Ryohin Keikaku Company Profile

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.