Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Up – Still a Buy?
by Scott Moore · The Cerbat GemRyohin Keikaku Co. Ltd. (OTCMKTS:RYKKY – Get Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $10.68, but opened at $11.2880. Ryohin Keikaku shares last traded at $11.2880, with a volume of 419 shares trading hands.
Wall Street Analysts Forecast Growth
Separately, Sanford C. Bernstein began coverage on 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”.
Check Out Our Latest Analysis on RYKKY
Ryohin Keikaku Stock Performance
The business’s 50 day moving average is $11.43 and its 200 day moving average is $10.81. 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 $12.86 billion and a PE ratio of 57.25.
Ryohin Keikaku (OTCMKTS:RYKKY – Get Free Report) last released its earnings results on Friday, April 10th. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.28 billion. On average, equities research analysts predict that Ryohin Keikaku Co. Ltd. will post 0.38 earnings per share 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.