Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Down – Here’s What Happened

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) gapped down before the market opened on Wednesday . The stock had previously closed at $13.4880, but opened at $12.82. Ryohin Keikaku shares last traded at $12.82, with a volume of 176 shares.

Analyst Ratings Changes

Separately, Sanford C. Bernstein started coverage on shares of Ryohin Keikaku in a report on Tuesday, May 26th. They issued a “market perform” rating for the company. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Ryohin Keikaku Trading Up 1.5%

The business’s 50 day moving average price is $13.02 and its 200-day moving average price is $11.96. The company has a market cap of $15.12 billion and a price-to-earnings ratio of 36.38. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.77 and a current ratio of 3.00.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its earnings results on Friday, July 10th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates 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, research analysts forecast that Ryohin Keikaku Co. Ltd. will post 0.41 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.