Ryohin Keikaku (OTCMKTS:RYKKY) Trading 12.6% Higher – Time to Buy?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s share price shot up 12.6% during trading on Thursday . The stock traded as high as $13.9060 and last traded at $13.9060. Approximately 647 shares traded hands during trading, a decline of 86% from the average session volume of 4,567 shares. The stock had previously closed at $12.35.

Analyst Ratings Changes

Separately, Sanford C. Bernstein initiated coverage on shares of Ryohin Keikaku in a research note on Tuesday, May 26th. They issued a “market perform” rating on the stock. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Ryohin Keikaku currently has a consensus rating of “Hold”.

Ryohin Keikaku Price Performance

The company has a debt-to-equity ratio of 0.20, a current ratio of 3.00 and a quick ratio of 1.56. The stock has a market capitalization of $15.44 billion and a price-to-earnings ratio of 37.16. The stock’s 50 day simple moving average is $11.67 and its 200-day simple moving average is $11.23.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its quarterly earnings results on Friday, July 10th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.13 by $0.04. The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.54 billion. On average, analysts expect that Ryohin Keikaku Co. Ltd. will post 0.39 EPS for the current fiscal year.

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.