Nitori (OTC:NCLTY) Trading Up 5.7% – Here’s What Happened

Nitori Holdings Co., Ltd. (OTC:NCLTY)’s stock price rose 5.7% during trading on Wednesday . The company traded as high as $13.00 and last traded at $12.74. Approximately 88,540 shares were traded during mid-day trading, a decline of 43% from the average daily volume of 154,229 shares. The stock had previously closed at $12.05.

Nitori Price Performance

The company has a debt-to-equity ratio of 0.04, a current ratio of 1.31 and a quick ratio of 0.87. The stock’s 50 day moving average price is $13.14 and its two-hundred day moving average price is $12.59. The firm has a market capitalization of $14.39 billion, a price-to-earnings ratio of 24.03 and a beta of 0.88.

About Nitori

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.