Rakuten, Inc. (OTCMKTS:RKUNY – Get Free Report) shares traded down 4.4% during trading on Friday. The company traded as low as $4.31 and last traded at $4.31. Approximately 1,015 shares were traded during trading, a decline of 99% from the average session volume of 69,279 shares. The stock had previously closed at $4.51.
Rakuten Stock Up 1.2%
The firm’s 50 day moving average is $4.89 and its two-hundred day moving average is $4.85. The stock has a market cap of $9.56 billion, a price-to-earnings ratio of -23.05 and a beta of 1.10. The company has a current ratio of 1.10, a quick ratio of 1.15 and a debt-to-equity ratio of 3.64.
Rakuten (OTCMKTS:RKUNY – Get Free Report) last released its quarterly earnings results on Friday, August 14th. The company reported $0.02 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.07) by $0.09. The company had revenue of $4.18 billion for the quarter, compared to analysts’ expectations of $4.11 billion. Rakuten had a negative net margin of 2.48% and a negative return on equity of 5.09%.
Rakuten Company Profile
Rakuten Group, Inc is a Japan-based technology and internet services company founded in 1997 by Hiroshi Mikitani, who continues to serve as chairman and chief executive officer.
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