Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Sees Large Increase in Short Interest

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was the recipient of a large growth in short interest in May. As of May 15th, there was short interest totaling 174 shares, a growth of ∞ from the April 30th total of 0 shares. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 5,075 shares, the short-interest ratio is presently 0.0 days.

Ryohin Keikaku Stock Up 1.8%

Shares of Ryohin Keikaku stock traded up $0.20 during trading on Monday, reaching $11.50. 2,792 shares of the company traded hands, compared to its average volume of 5,235. The firm has a market capitalization of $12.92 billion and a PE ratio of 57.50. The company has a 50 day moving average price of $11.36 and a 200-day moving average price of $10.65. Ryohin Keikaku has a 1-year low of $8.76 and a 1-year high of $12.81. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.87 and a quick ratio of 1.56.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted 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 analyst estimates of $1.28 billion. As a group, equities research analysts expect that Ryohin Keikaku will post 0.38 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein started coverage on shares of Ryohin Keikaku in a report on Tuesday, May 26th. They issued a “market perform” rating on the stock. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Ryohin Keikaku has a consensus rating of “Hold”.

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.