Ryohin Keikaku (OTCMKTS:RYKKY) Shares Down 6.4% – Here’s Why

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) traded down 6.4% during mid-day trading on Wednesday . The stock traded as low as $10.5750 and last traded at $10.5750. 1,709 shares were traded during trading, a decline of 68% from the average session volume of 5,270 shares. The stock had previously closed at $11.2999.

Ryohin Keikaku Price Performance

The company has a 50 day moving average of $11.01 and a 200 day moving average of $10.28. The stock has a market capitalization of $11.88 billion and a price-to-earnings ratio of 81.38. The company has a quick ratio of 1.62, a current ratio of 2.81 and a debt-to-equity ratio of 0.20.

Ryohin Keikaku (OTCMKTS:RYKKY) last issued its quarterly earnings results on Wednesday, January 14th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.03. The business had revenue of $1.51 billion during the quarter, compared to analyst estimates 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.