Wacoal (OTCMKTS:WACLY) Trading 15.9% Higher - Still a Buy?

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)'s stock price shot up 15.9% during trading on Tuesday . The company traded as high as $203.51 and last traded at $203.51. 152 shares traded hands during trading, an increase of 1,052% from the average session volume of 13 shares. The stock had previously closed at $175.57.

Wacoal Stock Performance

The business's fifty day simple moving average is $169.25 and its 200 day simple moving average is $170.80. The company has a current ratio of 2.00, a quick ratio of 0.99 and a debt-to-equity ratio of 0.01. The stock has a market cap of $2.07 billion, a P/E ratio of 17.11 and a beta of -0.08.

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

Wacoal Company Profile

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.