Ryohin Keikaku (OTCMKTS:RYKKY) Stock Price Down 8.7% – Here’s Why

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) fell 8.7% on Friday . The company traded as low as $12.50 and last traded at $12.50. 102 shares changed hands during trading, a decline of 98% from the average daily volume of 4,277 shares. The stock had previously closed at $13.69.

Analyst Ratings Changes

Separately, Sanford C. Bernstein started coverage on Ryohin Keikaku in a research note on Tuesday, May 26th. They set a “market perform” rating on the stock. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, Ryohin Keikaku presently has a consensus rating of “Hold”.

Ryohin Keikaku Price Performance

The company has a quick ratio of 1.77, a current ratio of 3.00 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $14.04 billion, a price-to-earnings ratio of 33.78, a P/E/G ratio of 1.74 and a beta of 0.48. The business’s 50 day simple moving average is $13.73 and its 200-day simple moving average is $12.17.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its quarterly earnings data on Friday, July 10th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.13 by $0.04. The firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.54 billion. On average, research analysts forecast that Ryohin Keikaku Co. Ltd. will post 0.41 earnings per share for the current year.

Ryohin Keikaku Company Profile

Ryohin Keikaku Co, Ltd. is a Japanese retail and consumer products company best known for operating the MUJI brand. The company develops and sells products designed around simplicity, functionality and reduced packaging, including household goods, furniture, apparel, stationery, cosmetics, food and travel-related items.

Founded in Japan in 1980, Ryohin Keikaku initially operated MUJI as a private-label brand before expanding the concept into a broad retail business. In addition to its stores and e-commerce operations, the company has developed related businesses such as cafés, restaurants, hotels and other lifestyle-oriented services.

Ryohin Keikaku serves customers through a network of retail locations and digital channels in Japan and international markets.