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Rakuten Group (OTCMKTS:RKUNY) Share Price Passes Below Fifty Day Moving Average - Should You Sell?

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Rakuten Group, Inc. (OTCMKTS:RKUNY - Get Free Report)'s share price crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $6.25 and traded as low as $5.78. Rakuten Group shares last traded at $5.82, with a volume of 21,645 shares trading hands.

Rakuten Group Price Performance

The stock has a market cap of $12.20 billion, a price-to-earnings ratio of -11.32 and a beta of 1.06. The company has a 50 day simple moving average of $6.24 and a 200-day simple moving average of $6.10. The company has a quick ratio of 1.16, a current ratio of 1.16 and a debt-to-equity ratio of 5.73.

Rakuten Group (OTCMKTS:RKUNY - Get Free Report) last released its quarterly earnings data on Friday, February 14th. The company reported ($0.04) EPS for the quarter. The business had revenue of $4.34 billion during the quarter. Rakuten Group had a negative return on equity of 15.31% and a negative net margin of 7.17%. As a group, research analysts anticipate that Rakuten Group, Inc. will post 0.06 EPS for the current fiscal year.

About Rakuten Group

(Get Free Report)

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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