Ryohin Keikaku (OTCMKTS:RYKKY) Sets New 12-Month High – Still a Buy?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $14.69 and last traded at $14.38, with a volume of 563 shares trading hands. The stock had previously closed at $13.75.

Analyst Ratings Changes

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

Ryohin Keikaku Stock Down 2.2%

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 $15.79 billion and a P/E ratio of 37.99. The company’s 50 day simple moving average is $11.96 and its 200-day simple moving average is $11.39.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its quarterly earnings results on Friday, July 10th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.13 by $0.04. The company had revenue of $1.75 billion for the quarter, compared to analysts’ expectations of $1.54 billion. Research analysts forecast that Ryohin Keikaku Co. Ltd. will post 0.39 earnings per share for the current fiscal year.

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.