Rakuten, Inc. (OTCMKTS:RKUNY – Get Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $4.57, but opened at $4.33. Rakuten shares last traded at $4.61, with a volume of 1,486 shares changing hands.
Rakuten Price Performance
The firm has a market cap of $9.95 billion, a P/E ratio of -24.00 and a beta of 1.10. The company has a fifty day moving average of $4.93 and a 200-day moving average of $4.86. The company has a debt-to-equity ratio of 4.43, a current ratio of 1.15 and a quick ratio of 1.15.
Rakuten (OTCMKTS:RKUNY – Get Free Report) last issued its quarterly earnings data on Friday, August 14th. The company reported $0.02 earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.09. Rakuten had a negative return on equity of 5.08% and a negative net margin of 2.48%.The business had revenue of $4.18 billion for the quarter, compared to analysts’ expectations of $4.11 billion.
Rakuten Company Profile
Rakuten Group, Inc is a Japan-based technology and internet services company founded in 1997 by Hiroshi Mikitani, who continues to serve as chairman and chief executive officer.
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