Ryohin Keikaku (OTCMKTS:RYKKY) Shares Up 6.2% – Still a Buy?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) rose 6.2% during trading on Friday . The company traded as high as $14.41 and last traded at $14.39. Approximately 647 shares changed hands during trading, a decline of 86% from the average session volume of 4,633 shares. The stock had previously closed at $13.55.

Wall Street Analyst Weigh In

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

Ryohin Keikaku Price Performance

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 has a 50 day simple moving average of $11.37 and a 200 day simple moving average of $11.05. The stock has a market cap of $16.16 billion and a P/E ratio of 38.89.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its quarterly earnings data on Friday, July 10th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The business had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.54 billion. Sell-side analysts forecast that Ryohin Keikaku Co. Ltd. will post 0.39 earnings per share for the current fiscal 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.