Ryohin Keikaku (OTCMKTS:RYKKY) Shares Down 5.7% – Here’s What Happened

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s share price was down 5.7% during mid-day trading on Monday . The stock traded as low as $10.00 and last traded at $10.26. Approximately 260 shares changed hands during trading, a decline of 95% from the average daily volume of 5,508 shares. The stock had previously closed at $10.88.

Ryohin Keikaku Trading Down 6.0%

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 $11.51 billion and a P/E ratio of 78.85. The firm has a 50 day simple moving average of $10.84 and a two-hundred day simple moving average of $10.28.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its earnings results on Wednesday, January 14th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.03. The firm had revenue of $1.51 billion during 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.