Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Down – Here’s Why

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $12.10, but opened at $10.90. Ryohin Keikaku shares last traded at $11.79, with a volume of 1,924 shares.

Ryohin Keikaku Stock Performance

The stock has a market capitalization of $13.35 billion and a PE ratio of 91.40. The company has a quick ratio of 1.62, a current ratio of 2.81 and a debt-to-equity ratio of 0.20. The firm has a 50 day moving average price of $11.27 and a 200-day moving average price of $10.34.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its quarterly earnings data on Wednesday, January 14th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.10 by $0.03. The firm had revenue of $1.51 billion during the quarter, compared to analysts’ expectations 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.