Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Short Interest Up ∞ in May

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was the recipient of a large growth in short interest in the month of May. As of May 15th, there was short interest totaling 174 shares, a growth of ∞ from the April 30th total of 0 shares. Based on an average trading volume of 5,075 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein began coverage on Ryohin Keikaku in a research report on Tuesday, May 26th. They set a “market perform” rating for the company. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

Ryohin Keikaku Stock Down 1.7%

Shares of RYKKY traded down $0.20 during midday trading on Tuesday, reaching $11.30. 3,579 shares of the stock were exchanged, compared to its average volume of 1,963. Ryohin Keikaku has a 12-month low of $8.76 and a 12-month high of $12.81. The firm has a 50 day simple moving average of $11.37 and a 200-day simple moving average of $10.65. The company has a quick ratio of 1.56, a current ratio of 2.87 and a debt-to-equity ratio of 0.20. The company has a market cap of $12.69 billion and a price-to-earnings ratio of 56.50.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its quarterly earnings results on Friday, April 10th. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.28 billion. Research analysts forecast that Ryohin Keikaku will post 0.38 EPS for the current 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.