Wacoal (OTCMKTS:WACLY) Shares Gap Down – Here’s Why

Wacoal Holdings Corp. (OTCMKTS:WACLY)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $147.35, but opened at $136.35. Wacoal shares last traded at $149.85, with a volume of 23 shares changing hands.

Wacoal Price Performance

The company has a market cap of $1.56 billion and a price-to-earnings ratio of 20.09. The company has a 50-day simple moving average of $144.57 and a 200-day simple moving average of $171.23. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.39 and a current ratio of 2.49.

Wacoal (OTCMKTS:WACLY) last posted its quarterly earnings results on Wednesday, November 12th. The company reported ($0.73) earnings per share for the quarter. Wacoal had a net margin of 6.48% and a return on equity of 5.46%. The business had revenue of $288.59 million during the quarter.

Wacoal Company Profile

Wacoal Holdings Corp., trading in the U.S. over-the-counter as WACLY, is a Kyoto-based designer and manufacturer of intimate apparel. Founded in 1949 by Koichi Tsukamoto, the company has built a reputation for premium lingerie and bodywear that blend precision fit with innovative textile technology. Over its history, Wacoal has emphasized the intersection of design, comfort and quality, drawing on proprietary fit research to refine its product offerings and strengthen its brand appeal.

The company’s core product lines include bras, panties, shapewear, sleepwear and swimwear, marketed under its flagship Wacoal label as well as a portfolio of regional and licensed brands.