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

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $10.93, but opened at $10.1940. Ryohin Keikaku shares last traded at $10.3124, with a volume of 3,302 shares.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein began coverage on shares of Ryohin Keikaku in a report on Tuesday, May 26th. They set a “market perform” rating for the company. Two investment analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

Ryohin Keikaku Stock Performance

The company has a market capitalization of $12.85 billion and a PE ratio of 57.20. The firm has a 50-day moving average of $11.25 and a two-hundred day moving average of $10.87. The company has a quick ratio of 1.56, a current ratio of 2.87 and a debt-to-equity ratio of 0.20.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its quarterly earnings data on Friday, April 10th. The company reported $0.07 EPS for the quarter, topping the consensus estimate of $0.06 by $0.01. The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.28 billion. Research analysts anticipate that Ryohin Keikaku Co. Ltd. will post 0.38 EPS 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.