Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Up – Should You Buy?

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) gapped up prior to trading on Wednesday . The stock had previously closed at $13.45, but opened at $14.1070. Ryohin Keikaku shares last traded at $14.1070, with a volume of 373 shares traded.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein assumed coverage on shares of Ryohin Keikaku in a research report on Tuesday, May 26th. They set a “market perform” rating for the company. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Ryohin Keikaku has an average rating of “Hold”.

Ryohin Keikaku Price Performance

The company has a market capitalization of $14.99 billion, a PE ratio of 36.08, a price-to-earnings-growth ratio of 1.71 and a beta of 0.48. 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’s 50-day moving average is $13.31 and its 200-day moving average is $12.05.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its quarterly earnings results 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 firm had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.54 billion. Equities analysts predict that Ryohin Keikaku Co. Ltd. will post 0.41 earnings per share for the current fiscal 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.