Ryohin Keikaku (OTCMKTS:RYKKY) Shares Down 12.6% – What’s Next?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s stock price dropped 12.6% during mid-day trading on Tuesday. The company traded as low as $14.0790 and last traded at $14.0790. 407 shares were traded during trading, a decline of 90% from the average session volume of 4,133 shares. The stock had previously closed at $16.1005.

Ryohin Keikaku Price Performance

The business has a 50-day simple moving average of $13.76 and a 200 day simple moving average of $12.63. The firm has a market cap of $17.37 billion, a P/E ratio of 33.14, a price-to-earnings-growth ratio of 3.67 and a beta of 0.59. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.77 and a current ratio of 3.00.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its earnings results on Wednesday, October 14th. The company reported $0.12 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.05. Ryohin Keikaku had a return on equity of 20.71% and a net margin of 8.32%. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.40 billion. On average, analysts anticipate that Ryohin Keikaku Co. Ltd. will post 0.46 earnings per share for the current fiscal year.

About Ryohin Keikaku

Ryohin Keikaku Co, Ltd. is a Japanese retail company best known for operating the MUJI brand. The company develops and sells practical, simply designed products with an emphasis on functionality and reduced ornamentation. Its merchandise includes household goods, furniture, apparel, stationery, cosmetics, food, and travel-related products.

In addition to retail stores and online sales, Ryohin Keikaku operates MUJI cafés and restaurants and has expanded into services such as lodging and housing-related businesses.