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

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) gapped up prior to trading on Wednesday . The stock had previously closed at $13.02, but opened at $13.81. Ryohin Keikaku shares last traded at $13.81, with a volume of 474 shares trading hands.

Analysts Set New Price Targets

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

Ryohin Keikaku Price Performance

The firm has a market capitalization of $15.22 billion and a PE ratio of 36.62. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.87 and a quick ratio of 1.56. The business’s 50 day moving average is $11.37 and its two-hundred day moving average is $11.05.

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