Rakuten Group (OTCMKTS:RKUNY) Releases Earnings Results

Rakuten Group (OTCMKTS:RKUNY - Get Free Report) issued its quarterly earnings data on Friday. The company reported ($0.04) earnings per share (EPS) for the quarter, Zacks reports. Rakuten Group had a negative return on equity of 26.14% and a negative net margin of 12.90%. The business had revenue of $4.34 billion during the quarter.

Rakuten Group Stock Performance

Shares of RKUNY stock traded down $0.75 during trading on Tuesday, reaching $6.30. The company had a trading volume of 26,019 shares, compared to its average volume of 20,591. The firm's 50 day simple moving average is $6.03 and its two-hundred day simple moving average is $6.11. Rakuten Group has a one year low of $4.65 and a one year high of $7.27. The company has a debt-to-equity ratio of 5.73, a current ratio of 1.16 and a quick ratio of 1.16. The company has a market capitalization of $13.57 billion, a PE ratio of -7.08 and a beta of 0.97.

Rakuten Group 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.