Short Interest in Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) Increases By 24.9%

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) saw a significant increase in short interest in the month of March. As of March 13th, there was short interest totaling 16,246 shares, an increase of 24.9% from the February 26th total of 13,004 shares. Based on an average trading volume of 6,841 shares, the days-to-cover ratio is presently 2.4 days. Approximately 0.0% of the company’s stock are sold short.

Ryohin Keikaku Price Performance

Shares of Ryohin Keikaku stock opened at $10.46 on Monday. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.81 and a quick ratio of 1.62. The stock has a market cap of $11.75 billion and a price-to-earnings ratio of 80.46. The firm’s 50-day moving average is $10.96 and its two-hundred day moving average is $10.28. Ryohin Keikaku has a 1 year low of $6.15 and a 1 year high of $12.81.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its quarterly earnings results on Wednesday, January 14th. The company reported $0.13 EPS for the quarter, beating the consensus estimate of $0.10 by $0.03. The business had revenue of $1.51 billion during the quarter, compared to the consensus estimate of $1.44 billion.

About Ryohin Keikaku

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.