Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Up – What’s Next?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $13.45, but opened at $14.1070. Ryohin Keikaku shares last traded at $14.1070, with a volume of 373 shares trading hands.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein initiated coverage on shares of Ryohin Keikaku in a research report on Tuesday, May 26th. They issued a “market perform” rating for the company. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has a consensus rating of “Hold”.

Ryohin Keikaku Price Performance

The firm’s fifty day moving average price is $13.20 and its 200-day moving average price is $12.02. The stock has a market cap of $15.84 billion, a P/E ratio of 38.13, a PEG ratio of 2.00 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.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its quarterly earnings data 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 analysts’ expectations of $1.54 billion. Analysts forecast that Ryohin Keikaku Co. Ltd. will post 0.41 earnings per share for the current 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.