Rakuten (OTCMKTS:RKUNY) Trading Down 0.7% - Should You Sell?

Key Points

• Rakuten, Inc. (OTCMKTS:RKUNY) experienced a trading decline of 0.7%, closing at $5.48 with a significantly reduced trading volume of 7,156 shares.
• Following recent analyst assessments, Rakuten received upgrades from CLSA to a "strong-buy" and from Nomura Securities to a "hold" rating.
• The company's recent financial report indicates a quarterly revenue of $3.69 billion with an EPS of -$0.22 and a negative net margin of 8.35%.

Rakuten, Inc. (OTCMKTS:RKUNY - Get Free Report) fell 0.7% on Monday . The company traded as low as $5.26 and last traded at $5.48. 7,156 shares were traded during trading, a decline of 50% from the average session volume of 14,368 shares. The stock had previously closed at $5.52.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. CLSA upgraded Rakuten to a "strong-buy" rating in a research report on Thursday, May 29th. Nomura Securities raised Rakuten to a "hold" rating in a research note on Tuesday, May 27th.

Rakuten Stock Down 0.7%

The company has a debt-to-equity ratio of 4.62, a current ratio of 1.16 and a quick ratio of 1.16. The firm has a market cap of $11.86 billion, a PE ratio of -9.29 and a beta of 1.04. The business has a fifty day moving average price of $5.47 and a two-hundred day moving average price of $5.77.

Rakuten (OTCMKTS:RKUNY - Get Free Report) last posted its quarterly earnings results on Wednesday, May 14th. The company reported ($0.22) earnings per share for the quarter. Rakuten had a negative return on equity of 17.37% and a negative net margin of 8.35%. The firm had revenue of $3.69 billion for the quarter. On average, analysts anticipate that Rakuten, Inc. will post 0.06 EPS for the current fiscal year.

Rakuten Company Profile

Rakuten Group, Inc provides services in e-commerce, fintech, digital content, and communications to various users in Japan and internationally. The company operates through three segments: Internet Services, FinTech, and Mobile. The Internet Services segment provides range of e-commerce sites, such as Rakuten Ichiba, an Internet shopping mall, online cash-back sites, travel booking sites, portal sites, and digital content sites.

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