Wacoal (OTCMKTS:WACLY) Stock Jumps 4.8% – Here’s What Happened

Shares of Wacoal Holdings Corp. (OTCMKTS:WACLY) were up 4.8% during mid-day trading on Tuesday. The company traded as high as $119.00 and last traded at $119.00. Approximately 1 shares traded hands during trading, a decline of 99% from the average daily volume of 194 shares. The stock had previously closed at $113.53.

Wacoal Trading Up 4.8%

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 firm has a market cap of $1.24 billion, a PE ratio of 143.38 and a beta of 0.08. The company’s 50 day moving average price is $127.69 and its two-hundred day moving average price is $134.74.

Wacoal (OTCMKTS:WACLY) last announced its earnings results on Tuesday, August 11th. The company reported $0.99 earnings per share (EPS) for the quarter. Wacoal had a return on equity of 0.42% and a net margin of 0.50%. The business had revenue of $306.88 million during the quarter.

About Wacoal

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.