Ryohin Keikaku (OTCMKTS:RYKKY) Shares Climb 12.8% – Here’s What Happened

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY)’s share price rose 12.8% during trading on Thursday. The company traded as high as $16.27 and last traded at $16.27. Approximately 799 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 4,001 shares. The stock had previously closed at $14.4250.

Ryohin Keikaku Trading Down 8.2%

The company has a current ratio of 3.00, a quick ratio of 1.77 and a debt-to-equity ratio of 0.20. The business’s 50-day moving average is $14.07 and its two-hundred day moving average is $12.39. The firm has a market cap of $16.81 billion, a P/E ratio of 31.85, a P/E/G ratio of 3.40 and a beta of 0.42.

Ryohin Keikaku (OTCMKTS:RYKKY) last announced its quarterly earnings results on Wednesday, October 14th. The company reported $0.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.05. Ryohin Keikaku had a net margin of 8.32% and a return on equity of 20.71%. The company had revenue of $1.47 billion during the quarter, compared to the consensus estimate of $1.40 billion. As a group, analysts expect that Ryohin Keikaku Co. Ltd. will post 0.46 earnings per share for the current fiscal year.

About Ryohin Keikaku

Ryohin Keikaku Co, Ltd. is a Japanese retail company best known for operating the MUJI brand. The company develops and sells practical, simply designed products with an emphasis on functionality and reduced ornamentation. Its merchandise includes household goods, furniture, apparel, stationery, cosmetics, food, and travel-related products.

In addition to retail stores and online sales, Ryohin Keikaku operates MUJI cafés and restaurants and has expanded into services such as lodging and housing-related businesses.