Ryohin Keikaku (OTCMKTS:RYKKY) Stock Price Down 6.3% – Should You Sell?

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) fell 6.3% during mid-day trading on Monday . The stock traded as low as $12.61 and last traded at $12.61. Approximately 6,267 shares traded hands during trading, an increase of 50% from the average daily volume of 4,186 shares. The stock had previously closed at $13.46.

Wall Street Analysts Forecast Growth

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

Ryohin Keikaku Stock Performance

The company has a fifty day moving average of $13.07 and a two-hundred day moving average of $11.98. The stock has a market capitalization of $15.76 billion and a P/E ratio of 37.93. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.00 and a quick ratio of 1.77.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its earnings results on Friday, July 10th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The firm had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.54 billion. On average, equities analysts anticipate that Ryohin Keikaku Co. Ltd. will post 0.41 EPS 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.