Wacoal (OTCMKTS:WACLY) Stock Price Up 15.9% - Here's Why

Key Points

• Wacoal Holdings Corp. shares rose by 15.9%, reaching a trading price of $203.51, significantly up from a previous close of $175.57.
• The stock experienced an unprecedented trading volume increase of 1,052%, with 152 shares exchanged compared to an average of 13 shares.
• Wacoal reported earnings of $9.16 per share for the recent quarter, with a return on equity of 3.39% and a net margin of 4.06%.

Wacoal Holdings Corp. (OTCMKTS:WACLY - Get Free Report) shares were up 15.9% during trading on Tuesday . The company traded as high as $203.51 and last traded at $203.51. Approximately 152 shares changed hands during mid-day trading, an increase of 1,052% from the average daily volume of 13 shares. The stock had previously closed at $175.57.

Wacoal Stock Down 1.7%

The stock has a 50 day simple moving average of $168.58 and a 200-day simple moving average of $170.71. The firm has a market cap of $2.07 billion, a PE ratio of 17.11 and a beta of -0.08. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.00 and a quick ratio of 0.99.

Wacoal (OTCMKTS:WACLY - Get Free Report) last posted its quarterly earnings results on Tuesday, August 12th. The company reported $9.16 earnings per share for the quarter. Wacoal had a return on equity of 8.97% and a net margin of 10.52%. The firm had revenue of $311.18 million during the quarter.

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.