Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Short Interest Update

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 3,739 shares, an increase of 65.3% from the July 15th total of 2,262 shares. Based on an average daily volume of 2,780 shares, the short-interest ratio is presently 1.3 days. Currently, 0.0% of the shares of the company are sold short.

Ryohin Keikaku Price Performance

Shares of OTCMKTS:RYKKY remained flat at $14.50 during trading on Monday. 971 shares of the stock traded hands, compared to its average volume of 1,611. Ryohin Keikaku has a 52-week low of $8.76 and a 52-week high of $15.39. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.77 and a current ratio of 3.00. The business’s 50-day simple moving average is $12.54 and its two-hundred day simple moving average is $11.73. The stock has a market capitalization of $16.29 billion and a P/E ratio of 39.19.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its earnings results on Friday, July 10th. The company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.13 by $0.04. The firm had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.54 billion. On average, equities research analysts predict that Ryohin Keikaku will post 0.39 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein assumed coverage on shares of Ryohin Keikaku in a report on Tuesday, May 26th. They issued a “market perform” rating on the stock. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Ryohin Keikaku has an average rating of “Hold”.

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.