Nitori (OTC:NCLTY) Stock Price Down 1.5% – Here’s Why

Shares of Nitori Holdings Co., Ltd. (OTC:NCLTYGet Free Report) dropped 1.5% on Wednesday . The company traded as low as $12.35 and last traded at $12.54. Approximately 90,468 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 150,250 shares. The stock had previously closed at $12.73.

Nitori Stock Performance

The firm has a 50-day simple moving average of $12.50 and a 200-day simple moving average of $12.72. The company has a debt-to-equity ratio of 0.03, a current ratio of 1.35 and a quick ratio of 0.89.

Nitori Company Profile

(Get Free Report)

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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