Short Interest in Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Rises By 553.0%

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was the recipient of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 1,652 shares, a growth of 553.0% from the May 31st total of 253 shares. Based on an average daily volume of 6,028 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the company are sold short.

Analyst Upgrades and Downgrades

Separately, Sanford C. Bernstein started coverage on Ryohin Keikaku in a report on Tuesday, May 26th. They issued a “market perform” rating for the company. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.

Ryohin Keikaku Price Performance

Shares of Ryohin Keikaku stock traded up $0.00 during trading on Friday, reaching $10.70. 507 shares of the stock traded hands, compared to its average volume of 4,784. 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 has a 52-week low of $8.76 and a 52-week high of $12.81. The business has a fifty day simple moving average of $11.38 and a two-hundred day simple moving average of $10.82. The company has a market capitalization of $12.02 billion and a price-to-earnings ratio of 53.50.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its earnings results on Friday, April 10th. The company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. The firm had revenue of $1.32 billion for the quarter, compared to the consensus estimate of $1.28 billion. Sell-side analysts expect that Ryohin Keikaku will post 0.38 EPS for the current year.

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.