Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Up – Time to Buy?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) gapped up before the market opened on Friday . The stock had previously closed at $10.5750, but opened at $11.3250. Ryohin Keikaku shares last traded at $11.3250, with a volume of 862 shares trading hands.

Ryohin Keikaku Stock Up 7.1%

The stock has a 50-day simple moving average of $11.38 and a two-hundred day simple moving average of $10.63. The company has a quick ratio of 1.56, a current ratio of 2.87 and a debt-to-equity ratio of 0.20. The firm has a market cap of $12.72 billion and a PE ratio of 56.63.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its quarterly earnings results on Friday, April 10th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.28 billion. Analysts expect that Ryohin Keikaku Co. Ltd. will post 0.38 earnings per share for the current year.

Ryohin Keikaku Company Profile

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.