Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Down – Time to Sell?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) shares gapped down prior to trading on Monday . The stock had previously closed at $12.94, but opened at $12.35. Ryohin Keikaku shares last traded at $12.35, with a volume of 2,545 shares traded.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein started 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.com, the company presently has a consensus rating of “Hold”.

Ryohin Keikaku Trading Up 3.2%

The firm has a market cap of $15.94 billion and a P/E ratio of 38.37. The stock has a 50 day simple moving average of $11.67 and a 200-day simple moving average of $11.25. The company has a current ratio of 3.00, a quick ratio of 1.77 and a debt-to-equity ratio of 0.20.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its earnings results on Friday, July 10th. The company reported $0.17 EPS 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 the consensus estimate of $1.54 billion. On average, equities research analysts expect that Ryohin Keikaku Co. Ltd. will post 0.39 EPS 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.