Ryohin Keikaku (OTCMKTS:RYKKY) Sees Strong Trading Volume – Should You Buy?

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) saw unusually-strong trading volume on Friday . Approximately 10,330 shares were traded during mid-day trading, an increase of 114% from the previous session’s volume of 4,822 shares.The stock last traded at $12.50 and had previously closed at $12.32.

Ryohin Keikaku Stock Performance

The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.62 and a current ratio of 2.81. The stock has a market capitalization of $14.17 billion and a P/E ratio of 97.08. The business’s fifty day moving average price is $11.40 and its two-hundred day moving average price is $10.38.

Ryohin Keikaku (OTCMKTS:RYKKY) last released its earnings results on Friday, April 10th. The company reported $0.07 EPS for the quarter, topping analysts’ consensus estimates of $0.06 by $0.01. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.28 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.