Nitori (OTCMKTS:NCLTY – Get Free Report) posted its earnings results on Friday. The company reported $0.10 earnings per share for the quarter, Zacks reports. The firm had revenue of $1.36 billion during the quarter.
Nitori Trading Down 1.6%
Shares of Nitori stock traded down $0.17 during mid-day trading on Friday, hitting $10.51. The stock had a trading volume of 2,662 shares, compared to its average volume of 14,164. The firm has a 50-day moving average of $10.28 and a two-hundred day moving average of $8.83. The firm has a market cap of $11.88 billion, a P/E ratio of 18.77 and a beta of 0.73. The company has a quick ratio of 0.95, a current ratio of 1.34 and a debt-to-equity ratio of 0.01. Nitori has a 12-month low of $6.90 and a 12-month 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.
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