Wacoal (OTCMKTS:WACLY) Shares Gap Down – Should You Sell?

Wacoal Holdings Corp. (OTCMKTS:WACLY – Get Free Report) shares gapped down prior to trading on Wednesday. The stock had previously closed at $118.35, but opened at $106.85. Wacoal shares last traded at $106.85, with a volume of 4 shares.

Wacoal Stock Performance

The company has a market cap of $1.25 billion, a P/E ratio of 144.07 and a beta of 0.08. The business’s 50 day simple moving average is $122.45 and its 200 day simple moving average is $134.64. The company has a current ratio of 2.85, a quick ratio of 1.51 and a debt-to-equity ratio of 0.03.

Wacoal (OTCMKTS:WACLY – Get Free Report) last posted 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 company had revenue of $306.88 million for the quarter.

About Wacoal

(Get Free Report)

Wacoal Holdings Corporation is a Japan-based company focused on the design, manufacture and sale of intimate apparel and related products. Its offerings include bras, panties, lingerie, sleepwear, swimwear, foundation garments and other apparel designed for women’s comfort, fit and body support. The company also develops functional sportswear and bodywear through brands such as CW-X.

Founded in 1949, Wacoal has built a portfolio that includes the Wacoal and Wing brands, as well as specialized and fashion-oriented labels such as Salute and Une Nana Cool.

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