Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Short Interest Update

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was the target of a large growth in short interest in June. As of June 15th, there was short interest totaling 1,652 shares, a growth of 553.0% from the May 31st total of 253 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 6,028 shares, the days-to-cover ratio is currently 0.3 days.

Analyst Ratings Changes

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 research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company presently has an average rating of “Hold”.

Ryohin Keikaku Stock Up 5.1%

Shares of Ryohin Keikaku stock traded up $0.54 on Friday, hitting $11.24. The company had a trading volume of 2,418 shares, compared to its average volume of 2,327. Ryohin Keikaku has a 1 year low of $8.76 and a 1 year high of $12.81. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.56 and a current ratio of 2.87. The stock has a 50 day moving average of $11.36 and a 200-day moving average of $10.82. The stock has a market capitalization of $12.62 billion and a price-to-earnings ratio of 56.20.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its earnings results on Friday, April 10th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.01. The company had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.28 billion. As a group, sell-side analysts forecast that Ryohin Keikaku will post 0.38 earnings per share for the current 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.