Ryohin Keikaku (OTCMKTS:RYKKY) Stock Price Up 11.8% – Here’s What Happened

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) shot up 11.8% during trading on Thursday . The company traded as high as $12.20 and last traded at $12.20. 285 shares were traded during mid-day trading, a decline of 95% from the average session volume of 5,549 shares. The stock had previously closed at $10.91.

Ryohin Keikaku Trading Down 10.2%

The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.62 and a current ratio of 2.81. The firm has a market capitalization of $12.35 billion and a PE ratio of 84.62. The stock’s 50-day simple moving average is $10.77 and its 200-day simple moving average is $10.29.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its earnings results on Wednesday, January 14th. The company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.03. The company had revenue of $1.51 billion for the quarter, compared to the consensus estimate of $1.44 billion.

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.