Ryohin Keikaku (OTCMKTS:RYKKY) Shares Down 8.4% – Here’s What Happened

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) dropped 8.4% during trading on Thursday . The stock traded as low as $10.1605 and last traded at $10.1605. Approximately 582 shares changed hands during mid-day trading, a decline of 90% from the average daily volume of 5,673 shares. The stock had previously closed at $11.0955.

Ryohin Keikaku Price Performance

The company has a current ratio of 2.87, a quick ratio of 1.56 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $12.43 billion and a P/E ratio of 55.35. The company’s fifty day simple moving average is $11.44 and its 200 day simple moving average is $10.59.

Ryohin Keikaku (OTCMKTS:RYKKY) last issued its quarterly earnings data on Friday, April 10th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.06 by $0.01. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.28 billion. Research analysts expect that Ryohin Keikaku Co. Ltd. will post 0.38 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.