Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Down - Should You Sell?

Key Points

• Gapped down: Shares opened at $11.72 after a prior close of $12.50 on Monday, with a light trading volume of 4,903 shares.
• Earnings beat: Ryohin Keikaku reported quarterly EPS of $0.07 versus a $0.06 consensus and revenue of $1.32 billion versus $1.28 billion, with analysts forecasting full-year EPS of 0.38.
• Valuation and balance sheet: The stock carries a high P/E of 57.35 and $12.88B market cap, while showing healthy liquidity (current ratio 2.87, quick ratio 1.56) and low leverage (debt/equity 0.20).

Shares of Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY - Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at $12.50, but opened at $11.72. Ryohin Keikaku shares last traded at $11.72, with a volume of 4,903 shares traded.

Ryohin Keikaku Stock Performance

The stock's 50 day moving average price is $11.45 and its two-hundred day moving average price is $10.52. The firm has a market capitalization of $12.88 billion and a price-to-earnings ratio of 57.35. The company has a current ratio of 2.87, a quick ratio of 1.56 and a debt-to-equity ratio of 0.20.

Ryohin Keikaku (OTCMKTS:RYKKY - Get Free Report) last released its quarterly earnings data on Friday, April 10th. The company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.01. The firm had revenue of $1.32 billion during the quarter, compared to analysts' expectations of $1.28 billion. On average, analysts forecast that Ryohin Keikaku Co. Ltd. will post 0.38 EPS for the current year.

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.

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