Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Short Interest Update

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was the target of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 3,739 shares, a growth of 65.3% from the July 15th total of 2,262 shares. Based on an average trading volume of 2,780 shares, the short-interest ratio is currently 1.3 days. Currently, 0.0% of the company’s stock are sold short.

Ryohin Keikaku Stock Performance

RYKKY stock remained flat at $14.50 during midday trading on Monday. The company had a trading volume of 971 shares, compared to its average volume of 1,611. The firm has a 50-day simple moving average of $12.54 and a two-hundred day simple moving average of $11.73. Ryohin Keikaku has a one year low of $8.76 and a one year high of $15.39. The company has a current ratio of 3.00, a quick ratio of 1.77 and a debt-to-equity ratio of 0.20. The firm has a market cap of $16.29 billion and a PE ratio of 39.19.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its quarterly earnings data on Friday, July 10th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The firm had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.54 billion. On average, sell-side analysts predict that Ryohin Keikaku will post 0.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein assumed coverage on shares of Ryohin Keikaku in a research note on Tuesday, May 26th. They issued a “market perform” rating for the company. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Ryohin Keikaku currently has an average rating of “Hold”.

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.