Ryohin Keikaku (OTCMKTS:RYKKY) Shares Gap Down - Time to Sell?

Key Points

• Shares gapped down — Ryohin Keikaku opened at $10.90 after a $12.10 close and last traded at $11.79 on light volume (1,924 shares).
• Quarterly beat — Reported EPS of $0.13 topped estimates of $0.10 and revenue of $1.51B exceeded the $1.44B consensus.
• High valuation but solid balance sheet — Market cap is about $13.24B with a PE of 90.69, while liquidity ratios are healthy (quick ratio 1.62, current ratio 2.81) and debt-to-equity is low (0.20).

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY - Get Free Report)'s share price gapped down before the market opened on Monday . The stock had previously closed at $12.10, but opened at $10.90. Ryohin Keikaku shares last traded at $11.79, with a volume of 1,924 shares.

Ryohin Keikaku Stock Performance

The company has a 50-day moving average of $11.23 and a 200 day moving average of $10.32. The company has a quick ratio of 1.62, a current ratio of 2.81 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of $13.24 billion and a PE ratio of 90.69.

Ryohin Keikaku (OTCMKTS:RYKKY - Get Free Report) last posted its quarterly earnings data on Wednesday, January 14th. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.03. The firm had revenue of $1.51 billion during the quarter, compared to analysts' expectations of $1.44 billion.

About Ryohin Keikaku

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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