Nitori (OTC:NCLTY) Lowered to Hold at Zacks Investment Research

Nitori (OTC:NCLTYGet 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 Company Profile (Get Rating)

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 Zacks research report on Nitori (NCLTY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

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Nitori (OTC:NCLTY) Lowered to Hold at Zacks Investment Research

Zacks Investment Research cut shares of Nitori (OTC:NCLTYGet Rating) from a buy rating to a hold rating in a research report sent to 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. “

OTC NCLTY opened at $9.97 on Thursday. The company has a fifty day moving average of $10.79. Nitori has a 12 month low of $9.23 and a 12 month high of $21.29. The company has a quick ratio of 1.54, a current ratio of 2.00 and a debt-to-equity ratio of 0.11.

Nitori Company Profile (Get Rating)

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 Zacks research report on Nitori (NCLTY)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Nitori Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Nitori and related companies with MarketBeat.com's FREE daily email newsletter.