Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Up – Still a Buy?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s stock price gapped up before the market opened on Wednesday . The stock had previously closed at $11.50, but opened at $12.25. Ryohin Keikaku shares last traded at $12.25, with a volume of 215 shares traded.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein assumed coverage on shares of Ryohin Keikaku in a report on Tuesday, May 26th. They set a “market perform” rating on the stock. Two investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.

Ryohin Keikaku Stock Performance

The firm’s fifty day moving average price is $11.37 and its 200-day moving average price is $10.65. The company has a current ratio of 2.87, a quick ratio of 1.56 and a debt-to-equity ratio of 0.20. The company has a market cap of $13.56 billion and a P/E ratio of 60.38.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its quarterly earnings data on Friday, April 10th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.01. The company had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.28 billion. As a group, research analysts forecast that Ryohin Keikaku Co. Ltd. will post 0.38 EPS for the current fiscal year.

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.