Wacoal (OTCMKTS:WACLY) Shares Gap Down – Should You Sell?
by Danessa Lincoln · The Markets DailyWacoal Holdings Corp. (OTCMKTS:WACLY – Get Free Report)’s share price gapped down prior to trading on Wednesday. The stock had previously closed at $119.43, but opened at $106.60. Wacoal shares last traded at $106.60, with a volume of 8 shares changing hands.
Wacoal Stock Performance
The company has a quick ratio of 1.51, a current ratio of 2.85 and a debt-to-equity ratio of 0.03. The company has a market cap of $1.11 billion, a PE ratio of 128.44 and a beta of 0.08. The stock’s 50 day simple moving average is $127.29 and its two-hundred day simple moving average is $134.65.
Wacoal (OTCMKTS:WACLY – Get Free Report) last issued its earnings results on Tuesday, August 11th. The company reported $0.99 earnings per share for the quarter. Wacoal had a return on equity of 0.42% and a net margin of 0.50%. The firm had revenue of $306.88 million for the quarter.
Wacoal Company Profile
Wacoal Holdings Corp. is a Japan-based company specializing in the design, manufacture, and sale of women’s intimate apparel and related products. Its offerings include bras, panties, lingerie, shapewear, sleepwear, swimwear, and other apparel designed with a focus on fit, comfort, and body support.
The company markets products under the Wacoal brand and other brand names, including lines aimed at different customer needs, age groups, and price points. It also offers sportswear and functional apparel through selected product lines, as well as retail, wholesale, and e-commerce services.
Wacoal traces its origins to 1949, when it was established in Kyoto, Japan.