Ryohin Keikaku (OTCMKTS:RYKKY) Stock Price Down 15.1% – Should You Sell?

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY – Get Free Report) fell 15.1% on Tuesday . The stock traded as low as $12.35 and last traded at $12.35. 1,548 shares were traded during mid-day trading, a decline of 66% from the average daily volume of 4,589 shares. The stock had previously closed at $14.5420.

Analysts Set New Price Targets

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

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Ryohin Keikaku Price Performance

The business’s 50 day moving average is $11.49 and its two-hundred day moving average is $11.13. The firm has a market cap of $13.87 billion and a P/E ratio of 33.38. The company has a quick ratio of 1.56, a current ratio of 2.87 and a debt-to-equity ratio of 0.20.

Ryohin Keikaku (OTCMKTS:RYKKY – Get Free Report) last issued its quarterly earnings results on Friday, July 10th. The company reported $0.17 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The business had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.54 billion. As a group, analysts anticipate that Ryohin Keikaku Co. Ltd. will post 0.39 earnings per share for the current year.

Ryohin Keikaku Company Profile

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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.

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