Ryohin Keikaku (OTCMKTS:RYKKY) Trading Down 10.8% – What’s Next?

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) fell 10.8% on Friday . The company traded as low as $10.17 and last traded at $10.17. 265 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 4,822 shares. The stock had previously closed at $11.40.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein initiated coverage on shares of Ryohin Keikaku in a research report on Tuesday, May 26th. They issued a “market perform” rating for the company. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

Ryohin Keikaku Trading Up 0.0%

The stock has a market cap of $12.02 billion and a PE ratio of 53.50. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.56 and a current ratio of 2.87. The company’s 50-day moving average price is $11.38 and its 200 day moving average price is $10.82.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its earnings results on Friday, April 10th. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.06 by $0.01. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. On average, sell-side analysts forecast that Ryohin Keikaku Co. Ltd. will post 0.38 EPS 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.