Ryohin Keikaku (OTCMKTS:RYKKY) Sees Unusually-High Trading Volume – Time to Buy?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) shares saw unusually-high trading volume on Tuesday . 2,522 shares were traded during trading, a decline of 46% from the previous session’s volume of 4,694 shares.The stock last traded at $13.30 and had previously closed at $11.75.

Analyst Ratings Changes

Separately, Sanford C. Bernstein started coverage on shares of Ryohin Keikaku in a research note on Tuesday, May 26th. They issued a “market perform” rating on the stock. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

Ryohin Keikaku Stock Performance

The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.56 and a current ratio of 2.87. The stock’s fifty day moving average price is $11.33 and its 200-day moving average price is $11.02. The company has a market capitalization of $15.51 billion and a P/E ratio of 37.32.

Ryohin Keikaku (OTCMKTS:RYKKY) last posted its quarterly earnings results on Friday, July 10th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.04. The business had revenue of $1.75 billion for the quarter, compared to the consensus estimate of $1.54 billion. As a group, research analysts anticipate that Ryohin Keikaku Co. Ltd. will post 0.39 EPS for the current fiscal year.

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.