Ryohin Keikaku (OTCMKTS:RYKKY) Stock Price Down 7.5% – Should You Sell?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was down 7.5% during trading on Friday . The stock traded as low as $12.9190 and last traded at $12.9190. Approximately 546 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 4,369 shares. The stock had previously closed at $13.97.

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, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

Ryohin Keikaku Trading Down 7.5%

The firm has a market capitalization of $14.51 billion and a P/E ratio of 34.92. The company has a current ratio of 3.00, a quick ratio of 1.77 and a debt-to-equity ratio of 0.20. The stock has a 50 day simple moving average of $12.23 and a 200-day simple moving average of $11.55.

Ryohin Keikaku (OTCMKTS:RYKKY) last issued its quarterly earnings data on Friday, July 10th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.04. The business had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.54 billion. On average, equities research analysts forecast that Ryohin Keikaku Co. Ltd. will post 0.39 EPS 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.