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Nitori (OTC:NCLTY) Trading 0.1% Higher - Here's Why

Nitori logo with Consumer Staples background

Key Points

  • Nitori Holdings Co., Ltd. shares rose by 0.1% on Wednesday, trading at $9.87 with a market capitalization of $11.15 billion.
  • The trading volume fell significantly, with only 36,138 shares changing hands, a decline of 78% compared to the average daily volume.
  • Nitori specializes in the retail of furniture and interior products, as well as engaging in advertising and logistics activities in Japan.
  • MarketBeat previews top five stocks to own in October.

Nitori Holdings Co., Ltd. (OTC:NCLTY - Get Free Report) rose 0.1% on Wednesday . The company traded as high as $10.10 and last traded at $9.87. Approximately 36,138 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 167,412 shares. The stock had previously closed at $9.86.

Nitori Stock Performance

The stock has a market cap of $11.35 billion, a P/E ratio of 19.31 and a beta of 0.72. The company has a quick ratio of 0.89, a current ratio of 1.35 and a debt-to-equity ratio of 0.03. The business has a 50 day moving average price of $9.09 and a two-hundred day moving average price of $9.96.

Nitori Company Profile

(Get Free Report)

Nitori Holdings Co, Ltd. engages in the retail of furniture and interior products in Japan. It is involved in the advertising; logistics; and other activities. The company engages in insurance and clothing related businesses. Nitori Holdings Co, Ltd. was founded in 1967 and is headquartered in Tokyo, Japan.

Further Reading

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