Wacoal (OTCMKTS:WACLY) Shares Gap Down - Here's Why

Key Points

• Wacoal Holdings Corp. experienced a significant drop in share price, opening at $188.89 after closing at $200.04, reflecting a notable gap down before market opening.
• The company reported a net margin of 10.52% and an earnings per share (EPS) of $9.16 for the last quarter, with total revenue of $311.18 million.
• Wacoal maintains a strong financial position, highlighted by a current ratio of 2.36 and a remarkably low debt-to-equity ratio of 0.01.

Wacoal Holdings Corp. (OTCMKTS:WACLY - Get Free Report)'s share price gapped down before the market opened on Tuesday . The stock had previously closed at $200.04, but opened at $188.89. Wacoal shares last traded at $188.89, with a volume of 12 shares.

Wacoal Stock Performance

The company has a market capitalization of $1.95 billion, a price-to-earnings ratio of 16.16 and a beta of -0.08. The company has a current ratio of 2.36, a quick ratio of 1.33 and a debt-to-equity ratio of 0.01. The stock's fifty day simple moving average is $193.40 and its 200-day simple moving average is $177.27.

Wacoal (OTCMKTS:WACLY - Get Free Report) last released its earnings results on Tuesday, August 12th. The company reported $9.16 earnings per share (EPS) for the quarter. The company had revenue of $311.18 million for the quarter. Wacoal had a net margin of 10.52% and a return on equity of 8.87%.

About Wacoal

Wacoal Holdings Corp. engages in the manufacturing, wholesale, and retail sale of intimate apparel, outerwear, sportswear, and other textile products and accessories in Japan, Asia, Oceania, the United States, and Europe. The company operates through Wacoal Business (Domestic), Wacoal Business (Overseas), Peach John Business, and Other Businesses segments.

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