Nitori (OTCMKTS:NCLTY – Get Free Report) released its earnings results on Friday. The company reported $0.14 EPS for the quarter, Zacks reports. The company had revenue of $1.42 billion during the quarter.
Nitori Stock Up 7.2%
OTCMKTS NCLTY traded up $0.62 during trading on Friday, hitting $9.23. 10,880 shares of the stock traded hands, compared to its average volume of 378,140. Nitori has a 12-month low of $6.90 and a 12-month high of $11.56. The firm has a 50-day simple moving average of $7.80 and a 200-day simple moving average of $8.20. The company has a market capitalization of $10.43 billion, a P/E ratio of 19.64 and a beta of 0.67.
Wall Street Analysts Forecast Growth
Separately, Zacks Research upgraded shares of Nitori to a “hold” rating in a report on Tuesday, April 14th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.
Nitori Company Profile
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.
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