Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Sees Significant Growth in Short Interest

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKYGet Free Report) was the recipient of a large growth in short interest in July. As of July 15th, there was short interest totaling 2,262 shares, a growth of 118.8% from the June 30th total of 1,034 shares. Approximately 0.0% of the company’s shares are short sold. Based on an average daily volume of 7,720 shares, the short-interest ratio is presently 0.3 days.

Analysts Set New Price Targets

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

View Our Latest Research Report on Ryohin Keikaku

Ryohin Keikaku Price Performance

Shares of RYKKY stock opened at $14.40 on Tuesday. The stock has a market cap of $16.17 billion and a price-to-earnings ratio of 38.92. The business’s fifty day moving average is $11.75 and its 200 day moving average is $11.28. Ryohin Keikaku has a twelve month low of $8.76 and a twelve month high of $14.65. The company has a quick ratio of 1.77, a current ratio of 3.00 and a debt-to-equity ratio of 0.20.

Ryohin Keikaku (OTCMKTS:RYKKYGet Free Report) last posted its quarterly earnings data on Friday, July 10th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The firm had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.54 billion. Research analysts expect that Ryohin Keikaku will post 0.39 EPS for the current fiscal year.

About Ryohin Keikaku

(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.

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