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

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) shares gapped down before the market opened on Monday . The stock had previously closed at $11.30, but opened at $10.55. Ryohin Keikaku shares last traded at $10.55, with a volume of 1,827 shares.

Analyst Ratings Changes

Separately, Sanford C. Bernstein assumed coverage on shares of Ryohin Keikaku in a research report on Tuesday, May 26th. They set a “market perform” rating for the company. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Ryohin Keikaku Stock Down 6.6%

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 company has a market capitalization of $11.85 billion and a P/E ratio of 52.75. The firm has a fifty day simple moving average of $11.36 and a 200-day simple moving average of $10.65.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its earnings results on Friday, April 10th. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. The business had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.28 billion. On average, equities research analysts expect that Ryohin Keikaku Co. Ltd. will post 0.38 EPS for the current fiscal 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.