Ryohin Keikaku (OTCMKTS:RYKKY) Sees Large Volume Increase – Still a Buy?

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) saw strong trading volume on Wednesday . 4,402 shares changed hands during trading, a decline of 21% from the previous session’s volume of 5,553 shares.The stock last traded at $11.17 and had previously closed at $10.69.

Ryohin Keikaku Price Performance

The firm has a market capitalization of $12.60 billion and a P/E ratio of 86.31. The company has a current ratio of 2.81, a quick ratio of 1.62 and a debt-to-equity ratio of 0.20. The firm has a 50 day moving average price of $10.27 and a 200-day moving average price of $12.83.

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

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.