Ryohin Keikaku (OTCMKTS:RYKKY) Trading Down 5.4% – Here’s Why

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s share price was down 5.4% during trading on Friday . The company traded as low as $12.04 and last traded at $12.04. Approximately 213 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 4,294 shares. The stock had previously closed at $12.73.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein began coverage on Ryohin Keikaku in a research note on Tuesday, May 26th. They issued a “market perform” rating for the company. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock presently has a consensus rating of “Hold”.

Ryohin Keikaku Trading Up 0.1%

The business has a 50 day moving average of $13.54 and a two-hundred day moving average of $12.11. The firm has a market capitalization of $14.31 billion, a price-to-earnings ratio of 34.43, a P/E/G ratio of 1.72 and a beta of 0.48. 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 released its quarterly earnings data on Friday, July 10th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.04. The company had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.54 billion. Equities analysts predict that Ryohin Keikaku Co. Ltd. will post 0.41 EPS for the current year.

Ryohin Keikaku Company Profile

Ryohin Keikaku Co, Ltd. is a Japanese retail and consumer products company best known for operating the MUJI brand. The company develops and sells products designed around simplicity, functionality and reduced packaging, including household goods, furniture, apparel, stationery, cosmetics, food and travel-related items.

Founded in Japan in 1980, Ryohin Keikaku initially operated MUJI as a private-label brand before expanding the concept into a broad retail business. In addition to its stores and e-commerce operations, the company has developed related businesses such as cafés, restaurants, hotels and other lifestyle-oriented services.

Ryohin Keikaku serves customers through a network of retail locations and digital channels in Japan and international markets.