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Ryohin Keikaku (OTCMKTS:RYKKY) Trading 5.8% Higher - Here's What Happened

Ryohin Keikaku logo with Consumer Cyclical background
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Key Points

  • Shares jumped 5.8% mid-day to $10.8688, but trading was thin at 792 shares—about an 85% decline from the average session volume of 5,281.
  • On Jan. 14 the company beat estimates, reporting $0.13 EPS versus a $0.10 consensus and $1.51B in revenue versus $1.44B expected.
  • Ryohin Keikaku, owner of the MUJI brand, has a $12.15B market cap and a high P/E of 83.18, while showing a conservative balance sheet (debt/equity 0.20, current ratio 2.81).
  • Five stocks we like better than Ryohin Keikaku.

Ryohin Keikaku Co. Ltd. (OTCMKTS:RYKKY - Get Free Report)'s stock price traded up 5.8% during mid-day trading on Friday . The company traded as high as $10.8688 and last traded at $10.8688. 792 shares were traded during trading, a decline of 85% from the average session volume of 5,281 shares. The stock had previously closed at $10.27.

Ryohin Keikaku Trading Down 2.9%

The business's 50-day moving average price is $10.95 and its 200-day moving average price is $10.29. The firm has a market capitalization of $12.15 billion and a PE ratio of 83.18. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.81 and a quick ratio of 1.62.

Ryohin Keikaku (OTCMKTS:RYKKY - Get Free Report) last released its quarterly earnings results 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 company had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.44 billion.

About Ryohin Keikaku

(Get Free Report)

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.

Further Reading

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