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

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s stock price gapped down prior to trading on Monday. The stock had previously closed at $15.9150, but opened at $15.4010. Ryohin Keikaku shares last traded at $14.23, with a volume of 4,971 shares changing hands.

Ryohin Keikaku Stock Performance

The firm has a market capitalization of $18.24 billion, a price-to-earnings ratio of 34.55, a P/E/G ratio of 3.37 and a beta of 0.59. The stock’s fifty day moving average is $13.75 and its two-hundred day moving average is $12.60. The company has a quick ratio of 1.77, a current ratio of 3.00 and a debt-to-equity ratio of 0.20.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its quarterly earnings results on Wednesday, October 14th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. The firm had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Ryohin Keikaku had a net margin of 8.32% and a return on equity of 20.71%. On average, analysts predict that Ryohin Keikaku Co. Ltd. will post 0.46 earnings per share for the current year.

About Ryohin Keikaku

Ryohin Keikaku Co, Ltd. is a Japanese retail company best known for operating the MUJI brand. The company develops and sells practical, simply designed products with an emphasis on functionality and reduced ornamentation. Its merchandise includes household goods, furniture, apparel, stationery, cosmetics, food, and travel-related products.

In addition to retail stores and online sales, Ryohin Keikaku operates MUJI cafés and restaurants and has expanded into services such as lodging and housing-related businesses.