Ryohin Keikaku (OTCMKTS:RYKKY) Trading Down 3.7% – Here’s What Happened

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKYGet Free Report) shares fell 3.7% during trading on Tuesday . The company traded as low as $13.4880 and last traded at $13.4880. Approximately 316 shares traded hands during mid-day trading, a decline of 92% from the average session volume of 4,126 shares. The stock had previously closed at $14.00.

Analysts Set New Price Targets

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

View Our Latest Report on RYKKY

Ryohin Keikaku Stock Down 3.7%

The company has a market capitalization of $15.15 billion and a price-to-earnings ratio of 36.45. 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 business has a 50-day moving average price of $12.90 and a 200-day moving average price of $11.90.

Ryohin Keikaku (OTCMKTS:RYKKYGet Free Report) last issued its quarterly earnings results on Friday, July 10th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.54 billion. As a group, equities analysts anticipate that Ryohin Keikaku Co. Ltd. will post 0.41 earnings per share for the current fiscal year.

Ryohin Keikaku Company Profile

(Get Free Report)

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.

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