Ryohin Keikaku (OTCMKTS:RYKKY) Hits New 52-Week High – What’s Next?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $15.39 and last traded at $15.39, with a volume of 364 shares trading hands. The stock had previously closed at $13.89.

Analyst Upgrades and Downgrades

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

Ryohin Keikaku Stock Down 11.0%

The company has a current ratio of 3.00, a quick ratio of 1.77 and a debt-to-equity ratio of 0.20. The firm has a market cap of $15.06 billion and a PE ratio of 36.24. The business’s 50-day simple moving average is $12.47 and its 200 day simple moving average is $11.69.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its earnings results on Friday, July 10th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.54 billion. As a group, equities research analysts expect that Ryohin Keikaku Co. Ltd. will post 0.39 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.