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Nitori (OTC:NCLTY) Shares Down 3.1% - Here's Why

Nitori logo with Consumer Staples background

Nitori Holdings Co., Ltd. (OTC:NCLTY - Get Free Report) dropped 3.1% during mid-day trading on Friday . The stock traded as low as $9.69 and last traded at $9.74. Approximately 44,467 shares traded hands during trading, a decline of 70% from the average daily volume of 149,252 shares. The stock had previously closed at $10.05.

Nitori Trading Down 0.3%

The company's 50-day moving average is $11.04 and its 200-day moving average is $11.25. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.89 and a current ratio of 1.35. The firm has a market cap of $11.05 billion, a price-to-earnings ratio of 18.81 and a beta of 0.75.

About Nitori

(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.

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