Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Up – Here’s Why

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) shares gapped up prior to trading on Monday. The stock had previously closed at $14.97, but opened at $16.0480. Ryohin Keikaku shares last traded at $16.14, with a volume of 506 shares trading hands.

Ryohin Keikaku Trading Up 7.8%

The firm has a market capitalization of $18.13 billion, a P/E ratio of 34.34, a price-to-earnings-growth ratio of 3.38 and a beta of 0.41. The company has a quick ratio of 1.77, a current ratio of 3.00 and a debt-to-equity ratio of 0.20. The firm’s 50-day simple moving average is $14.07 and its 200-day simple moving average is $12.39.

Ryohin Keikaku (OTCMKTS:RYKKY) last issued its quarterly earnings results on Wednesday, October 14th. The company reported $0.12 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.05. The firm had revenue of $1.47 billion for the quarter, compared to analyst estimates of $1.40 billion. Ryohin Keikaku had a net margin of 8.32% and a return on equity of 20.71%. Analysts anticipate that Ryohin Keikaku Co. Ltd. will post 0.46 EPS for the current year.

Ryohin Keikaku Company Profile

Ryohin Keikaku Co, Ltd. is a Japanese retailer and the operator of the MUJI brand, whose name comes from the Japanese phrase meaning “no-brand quality goods.” The company was established in 1989 to develop and operate the MUJI business, which began in Japan in 1980.

MUJI sells a broad range of everyday products, including clothing, household goods, furniture, stationery, cosmetics and food. Its business includes product planning and development as well as sales through retail stores and online channels.

Based in Japan, Ryohin Keikaku serves customers in domestic and international markets through its MUJI stores and e-commerce operations.