Ryohin Keikaku (OTCMKTS:RYKKY) Shares Down 6.4% – Should You Sell?

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY) was down 6.4% during mid-day trading on Wednesday . The company traded as low as $10.5750 and last traded at $10.5750. Approximately 1,709 shares changed hands during trading, a decline of 68% from the average daily volume of 5,270 shares. The stock had previously closed at $11.2999.

Ryohin Keikaku Price Performance

The stock has a market capitalization of $12.37 billion and a price-to-earnings ratio of 84.72. The company’s 50-day simple moving average is $11.04 and its 200-day simple moving average is $10.29. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.81 and a quick ratio of 1.62.

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, beating analysts’ consensus estimates 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.

Ryohin Keikaku Company Profile

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.