Nitori (OTC:NCLTY – Get Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday, Zacks.com reports.
According to Zacks, “Nitori Holdings Co. Ltd. is engaged in the sale of furniture and interior goods. The Company is involved in the sale of furniture and interior goods, the renovation and sale of used houses, as well as the leasing of real estate through consolidated subsidiaries and affiliates. It is also engaged in the logistics business, the advertising business and the insurance agency business. Nitori Holdings Co. Ltd. is based in Tokyo, Japan. “
Shares of NCLTY opened at $9.97 on Thursday. Nitori has a 12-month low of $9.23 and a 12-month high of $21.29. The stock has a fifty day moving average price of $10.79. The company has a current ratio of 2.00, a quick ratio of 1.54 and a debt-to-equity ratio of 0.11.
Nitori Holdings Co, Ltd., through its subsidiaries, retails furniture and interior products in Japan, China, Taiwan, and the United States. The company also provides non-life and life insurance products; logistics services; and advertising and public relations support services. Nitori Holdings Co, Ltd.
Further Reading
- Get a free copy of the StockNews.com research report on Nitori (NCLTY)
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Get a free copy of the Zacks research report on Nitori (NCLTY)
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