Ryohin Keikaku (OTCMKTS:RYKKY) Stock Price Down 8.7% – Time to Sell?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) dropped 8.7% on Friday . The stock traded as low as $12.50 and last traded at $12.50. 102 shares were traded during trading, a decline of 98% from the average session volume of 4,277 shares. The stock had previously closed at $13.69.

Analysts Set New Price Targets

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

Ryohin Keikaku Stock Down 0.9%

The company has a market capitalization of $14.04 billion, a P/E ratio of 33.78, a price-to-earnings-growth ratio of 1.74 and a beta of 0.48. The company has a quick ratio of 1.77, a current ratio of 3.00 and a debt-to-equity ratio of 0.20. The company has a 50-day moving average of $13.73 and a two-hundred day moving average of $12.17.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its quarterly earnings results on Friday, July 10th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.13 by $0.04. The business had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.54 billion. On average, research analysts predict that Ryohin Keikaku Co. Ltd. will post 0.41 EPS for the current year.

About Ryohin Keikaku

Ryohin Keikaku Co, Ltd. is a Japanese retail and consumer products company best known for operating the MUJI brand. The company develops and sells products designed around simplicity, functionality and reduced packaging, including household goods, furniture, apparel, stationery, cosmetics, food and travel-related items.

Founded in Japan in 1980, Ryohin Keikaku initially operated MUJI as a private-label brand before expanding the concept into a broad retail business. In addition to its stores and e-commerce operations, the company has developed related businesses such as cafés, restaurants, hotels and other lifestyle-oriented services.

Ryohin Keikaku serves customers through a network of retail locations and digital channels in Japan and international markets.