Nitori Holdings Co., Ltd. (OTCMKTS:NCLTY – Get Free Report) saw a significant drop in short interest in September. As of September 30th, there was short interest totaling 9,505 shares, a drop of 88.8% from the September 15th total of 85,231 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 42,683 shares, the short-interest ratio is presently 0.2 days.
Nitori Stock Up 2.3%
OTCMKTS NCLTY traded up $0.23 on Friday, hitting $10.02. The stock had a trading volume of 37,472 shares, compared to its average volume of 24,623. The business’s fifty day moving average price is $9.67 and its 200 day moving average price is $8.37. The stock has a market cap of $11.32 billion, a price-to-earnings ratio of 17.88 and a beta of 0.70. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.34 and a quick ratio of 0.95. Nitori has a 52-week low of $6.90 and a 52-week high of $11.56.
Nitori (OTCMKTS:NCLTY – Get Free Report) last issued its quarterly earnings data on Friday, August 7th. The company reported $0.14 EPS for the quarter. The business had revenue of $1.42 billion for the quarter. Equities research analysts anticipate that Nitori will post 2.42 earnings per share for the current year.
About Nitori
Nitori Holdings Co, Ltd. is a Japanese home-furnishings retailer that operates under the Nitori brand. The company sells furniture, interior décor, bedding, kitchenware, household goods and other products designed for everyday living.
Nitori uses an integrated business model that covers product planning, design, sourcing, manufacturing, logistics and retail distribution. This approach supports a broad product range and allows the company to offer coordinated home furnishings through its stores and online channels.
The business traces its origins to 1967, when founder Akio Nitori established a furniture store in Sapporo, Japan.
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