Rakuten Group, Inc. (OTCMKTS:RKUNY) Short Interest Update

Rakuten Group, Inc. (OTCMKTS:RKUNY - Get Free Report) was the recipient of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 5,900 shares, a decrease of 90.3% from the February 13th total of 61,000 shares. Approximately 0.0% of the company's stock are sold short. Based on an average trading volume of 36,500 shares, the short-interest ratio is currently 0.2 days.

Rakuten Group Stock Down 3.5 %

Shares of OTCMKTS RKUNY traded down $0.22 during trading on Friday, reaching $6.08. The company had a trading volume of 11,961 shares, compared to its average volume of 24,472. 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 has a 12-month low of $4.65 and a 12-month high of $7.27. The stock has a market cap of $13.10 billion, a PE ratio of -12.16 and a beta of 1.06. The business's 50-day moving average is $6.19 and its 200 day moving average is $6.18.

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. Rakuten Group had a negative net margin of 7.17% and a negative return on equity of 15.31%. The business had revenue of $4.34 billion for the quarter. As a group, equities analysts forecast that Rakuten Group will post 0.06 earnings per share for the current fiscal year.

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.