Rakuten Group (OTCMKTS:RKUNY) Hits New 52-Week Low at $5.75

Rakuten Group, Inc. (OTCMKTS:RKUNYGet Rating)’s share price reached a new 52-week low on Tuesday . The company traded as low as $5.75 and last traded at $5.75, with a volume of 139265 shares changing hands. The stock had previously closed at $5.91.

Separately, Zacks Investment Research downgraded shares of Rakuten Group from a “hold” rating to a “sell” rating in a report on Wednesday, April 6th.

The stock has a market cap of $9.11 billion, a P/E ratio of -5.85 and a beta of 1.01. The company has a current ratio of 1.13, a quick ratio of 1.13 and a debt-to-equity ratio of 3.05. The firm’s fifty day moving average is $7.30 and its 200 day moving average is $8.66.

About Rakuten Group (OTCMKTS:RKUNY)

Rakuten Group, Inc offers internet services in Japan and internationally. It operates through three segments: Internet Services, FinTech, and Mobile segments. The Internet Services segment operates Rakuten Ichiba, an internet shopping mall; Rakuten Travel, online travel and reservation website; Rakuten Rewards, a membership-based online cashback site; Rakuten Fashion, a fashion mail order site; Rakuten Books, an online book, CD, and DVD stores; Rakuten 24 daily necessities sales service; Rakuten Seiyu Netsuper, an online grocery delivery service; Rakuten Bic, an electronics e-commerce site; Rakuten Rebates, a point-back service; Rakuma, a consumer-to-consumer mobile e-commerce app; Rakuten Super Logistics, a distribution and fulfillment services; Rakuten Drone, Drone/UGV delivery service; Rakuten Gora, an online golf course reservations; and Rakuten Marketing that provides performance marketing services.

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