Ryohin Keikaku (OTCMKTS:RYKKY) Stock Price Up 6.2% – Should You Buy?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s share price rose 6.2% on Friday . The company traded as high as $14.41 and last traded at $14.39. Approximately 647 shares changed hands during trading, a decline of 86% from the average daily volume of 4,633 shares. The stock had previously closed at $13.55.

Wall Street Analysts Forecast Growth

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

Ryohin Keikaku Trading Up 6.2%

The company has a fifty day moving average of $11.42 and a two-hundred day moving average of $11.08. The company has a current ratio of 2.87, a quick ratio of 1.56 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $16.16 billion and a price-to-earnings ratio of 38.89.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its quarterly earnings results on Friday, July 10th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.13 by $0.04. The company had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.54 billion. On average, research analysts expect that Ryohin Keikaku Co. Ltd. will post 0.39 EPS 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.