Zacks Research Upgrades Nitori (OTCMKTS:NCLTY) to “Hold”

Nitori (OTCMKTS:NCLTY) was upgraded by analysts at Zacks Research to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Nitori Price Performance

NCLTY stock opened at $7.81 on Tuesday. The business has a fifty day moving average of $8.93 and a two-hundred day moving average of $8.64. The company has a quick ratio of 0.78, a current ratio of 1.13 and a debt-to-equity ratio of 0.02. The stock has a market cap of $8.83 billion, a price-to-earnings ratio of 16.62 and a beta of 0.75. Nitori has a 52-week low of $7.15 and a 52-week high of $12.93.

About Nitori

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.