Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Up – Here’s What Happened

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) gapped up prior to trading on Friday . The stock had previously closed at $11.6550, but opened at $12.50. Ryohin Keikaku shares last traded at $12.50, with a volume of 237 shares.

Ryohin Keikaku Stock Performance

The business has a 50-day moving average of $9.97 and a 200 day moving average of $15.12. 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 company has a market cap of $13.12 billion and a PE ratio of 89.85.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its earnings results 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.