Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Up – Should You Buy?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $11.33, but opened at $12.1325. Ryohin Keikaku shares last traded at $12.1325, with a volume of 101 shares.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein assumed coverage on Ryohin Keikaku in a research note on Tuesday. They issued a “market perform” rating on the stock. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Ryohin Keikaku Price Performance

The stock has a market cap of $13.63 billion and a P/E ratio of 60.66. The company has a current ratio of 2.87, a quick ratio of 1.56 and a debt-to-equity ratio of 0.20. The company’s fifty day simple moving average is $11.34 and its 200-day simple moving average is $10.64.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its quarterly earnings data on Friday, April 10th. The company reported $0.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. As a group, sell-side analysts forecast that Ryohin Keikaku Co. Ltd. will post 0.38 EPS for the current 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.