Ryohin Keikaku (OTCMKTS:RYKKY) Trading Up 7.5% – Should You Buy?

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) shot up 7.5% during mid-day trading on Monday . The company traded as high as $11.50 and last traded at $11.50. 430 shares traded hands during trading, a decline of 91% from the average session volume of 4,801 shares. The stock had previously closed at $10.6980.

Wall Street Analyst Weigh In

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

Ryohin Keikaku Trading Down 5.7%

The stock’s 50-day simple moving average is $11.27 and its two-hundred day simple moving average is $10.84. 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 market capitalization of $11.41 billion and a P/E ratio of 50.80.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced 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 firm had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.28 billion. Equities research analysts expect that Ryohin Keikaku Co. Ltd. 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.