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

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) shares gapped down prior to trading on Friday. The stock had previously closed at $15.63, but opened at $15.0425. Ryohin Keikaku shares last traded at $15.0425, with a volume of 293 shares traded.

Ryohin Keikaku Trading Down 0.0%

The firm’s 50-day moving average price is $14.19 and its 200-day moving average price is $12.49. 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 market cap of $16.89 billion, a P/E ratio of 32.01, a price-to-earnings-growth ratio of 3.53 and a beta of 0.42.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its quarterly earnings results on Wednesday, October 14th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. Ryohin Keikaku had a net margin of 8.32% and a return on equity of 20.71%. The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.40 billion. As a group, equities research analysts expect that Ryohin Keikaku Co. Ltd. will post 0.46 earnings per share for the current fiscal year.

About Ryohin Keikaku

Ryohin Keikaku Co., Ltd. is a Japanese retailer and the operator of the MUJI brand, whose name comes from the Japanese phrase meaning “no-brand quality goods.” The company was established in 1989 to develop and operate the MUJI business, which began in Japan in 1980. MUJI sells a broad range of everyday products, including clothing, household goods, furniture, stationery, cosmetics and food. Its business includes product planning and development as well as sales through retail stores and online channels.