Nitori (OTCMKTS:NCLTY) Releases Earnings Results

Nitori (OTCMKTS:NCLTY) announced its earnings results on Friday. The company reported $0.10 earnings per share for the quarter, Zacks reports.

Nitori Price Performance

Shares of Nitori stock traded up $0.01 during midday trading on Friday, reaching $10.69. The company had a trading volume of 2,122 shares, compared to its average volume of 119,590. The company has a current ratio of 1.34, a quick ratio of 0.95 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $12.08 billion, a price-to-earnings ratio of 19.09 and a beta of 0.73. The stock has a fifty day simple moving average of $10.28 and a 200 day simple moving average of $8.82. Nitori has a 1-year low of $6.90 and a 1-year high of $11.56.

About Nitori

Nitori Holdings Co., Ltd. is a Japanese retailer specializing in furniture and home furnishings. Through its Nitori stores and other businesses, the company sells items such as sofas, beds, tables, storage products, bedding, kitchenware, and home décor. The company operates an integrated retail business that spans product planning and sourcing, logistics, and store sales. Founded in Hokkaido in 1967, Nitori has grown from a domestic furniture retailer into an international business, serving customers in Japan and other Asian markets, as well as the United States.