Rakuten Group (OTCMKTS:RKUNY) Releases Earnings Results

Rakuten Group (OTCMKTS:RKUNY) announced its quarterly earnings data on Friday. The company reported ($0.04) 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 firm had revenue of $4.34 billion during the quarter.

Rakuten Group Trading Up 5.2 %

Shares of RKUNY stock opened at $7.05 on Friday. The stock has a 50 day moving average of $6.01 and a two-hundred day moving average of $6.10. The company has a current ratio of 1.16, a quick 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.

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.