Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Up – Still a Buy?

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKYGet Free Report) gapped up prior to trading on Wednesday . The stock had previously closed at $11.50, but opened at $12.25. Ryohin Keikaku shares last traded at $12.25, with a volume of 215 shares changing hands.

Wall Street Analysts Forecast Growth

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

Get Our Latest Report on Ryohin Keikaku

Ryohin Keikaku Stock Performance

The stock has a market cap of $13.56 billion and a price-to-earnings ratio of 60.38. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.56 and a current ratio of 2.87. The stock’s 50-day simple moving average is $11.37 and its two-hundred day simple moving average is $10.65.

Ryohin Keikaku (OTCMKTS:RYKKYGet 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 firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 billion. Analysts forecast that Ryohin Keikaku Co. Ltd. will post 0.38 earnings per share for the current year.

Ryohin Keikaku Company Profile

(Get Free Report)

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.

Further Reading

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