Ryohin Keikaku (OTCMKTS:RYKKY) Reaches New 12-Month High – Should You Buy?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) shares reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $14.69 and last traded at $14.38, with a volume of 563 shares trading hands. The stock had previously closed at $13.75.

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 set a “market perform” rating on the stock. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat, Ryohin Keikaku has an average rating of “Hold”.

Ryohin Keikaku Stock Performance

The company has a 50-day moving average price of $11.83 and a 200-day moving average price of $11.32. The company has a quick ratio of 1.77, a current ratio of 3.00 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $16.15 billion and a price-to-earnings ratio of 38.86.

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

About Ryohin Keikaku

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.