Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY – Get Free Report) gapped up before the market opened on Thursday . The stock had previously closed at $14.0850, but opened at $14.9620. Ryohin Keikaku shares last traded at $13.41, with a volume of 511 shares trading hands.
Analysts Set New Price Targets
Separately, Sanford C. Bernstein started coverage on Ryohin Keikaku in a research note on Tuesday, May 26th. They set a “market perform” rating for the company. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold”.
Get Our Latest Analysis on Ryohin Keikaku
Ryohin Keikaku Stock Down 11.0%
Ryohin Keikaku (OTCMKTS:RYKKY – Get Free Report) last posted its quarterly earnings results on Friday, July 10th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.13 by $0.04. The company had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.54 billion. As a group, sell-side analysts anticipate that Ryohin Keikaku Co. Ltd. will post 0.39 earnings per share 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.
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