Wacoal (OTCMKTS:WACLY) Reaches New 52-Week Low – Here’s Why

Wacoal Holdings Corp. (OTCMKTS:WACLY) shares hit a new 52-week low during mid-day trading on Thursday. The company traded as low as $106.60 and last traded at $106.60, with a volume of 8 shares trading hands. The stock had previously closed at $119.00.

Wacoal Price Performance

The company has a debt-to-equity ratio of 0.03, a current ratio of 2.85 and a quick ratio of 1.51. The company’s 50 day moving average is $126.67 and its 200 day moving average is $134.52. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of 128.44 and a beta of 0.08.

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