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

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) gapped down prior to trading on Thursday . The stock had previously closed at $15.04, but opened at $13.50. Ryohin Keikaku shares last traded at $13.74, with a volume of 1,373 shares traded.

Wall Street Analyst Weigh In

Separately, Sanford C. Bernstein initiated coverage on Ryohin Keikaku in a research note on Tuesday, May 26th. They issued a “market perform” rating for the company. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Ryohin Keikaku presently has an average rating of “Hold”.

Ryohin Keikaku Stock Down 0.9%

The firm has a fifty day simple moving average of $12.85 and a 200-day simple moving average of $11.86. The company has a market capitalization of $15.33 billion and a PE ratio of 36.89. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.77 and a current ratio of 3.00.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its quarterly earnings data on Friday, July 10th. The company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.54 billion. Equities research analysts anticipate that Ryohin Keikaku Co. Ltd. will post 0.41 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.