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

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s share price gapped down before the market opened on Wednesday. The stock had previously closed at $13.49, but opened at $11.71. Ryohin Keikaku shares last traded at $11.71, with a volume of 128 shares changing hands.

Ryohin Keikaku Stock Performance

The stock has a market capitalization of $13.25 billion, a P/E ratio of 31.89, a PEG ratio of 1.62 and a beta of 0.48. The stock’s 50-day simple moving average is $13.68 and its 200 day simple moving average is $12.22. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.00 and a quick ratio of 1.77.

Ryohin Keikaku (OTCMKTS:RYKKY) last issued its quarterly earnings data on Friday, July 10th. The company reported $0.17 earnings per share for the quarter, beating the consensus estimate of $0.13 by $0.04. The company had revenue of $1.75 billion during the quarter, compared to the consensus estimate of $1.54 billion. Research analysts expect that Ryohin Keikaku Co. Ltd. will post 0.42 EPS for the current fiscal year.

About Ryohin Keikaku

Ryohin Keikaku Co, Ltd. is a Japanese retail and consumer products company best known for operating the MUJI brand. The company develops and sells products designed around simplicity, functionality and reduced packaging, including household goods, furniture, apparel, stationery, cosmetics, food and travel-related items.

Founded in Japan in 1980, Ryohin Keikaku initially operated MUJI as a private-label brand before expanding the concept into a broad retail business. In addition to its stores and e-commerce operations, the company has developed related businesses such as cafés, restaurants, hotels and other lifestyle-oriented services.

Ryohin Keikaku serves customers through a network of retail locations and digital channels in Japan and international markets.