Wacoal (OTCMKTS:WACLY) Shares Gap Up – Here’s Why

Wacoal Holdings Corp. (OTCMKTS:WACLY) gapped up before the market opened on Friday . The stock had previously closed at $127.45, but opened at $135.5050. Wacoal shares last traded at $135.5050, with a volume of 22 shares traded.

Wacoal Trading Up 6.3%

The company has a current ratio of 2.65, a quick ratio of 1.52 and a debt-to-equity ratio of 0.03. The company has a fifty day simple moving average of $136.00 and a 200-day simple moving average of $138.99. The company has a market capitalization of $1.42 billion, a PE ratio of 163.26 and a beta of 0.08.

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

About Wacoal

Wacoal Holdings Corp., trading in the U.S. over-the-counter as WACLY, is a Kyoto-based designer and manufacturer of intimate apparel. Founded in 1949 by Koichi Tsukamoto, the company has built a reputation for premium lingerie and bodywear that blend precision fit with innovative textile technology. Over its history, Wacoal has emphasized the intersection of design, comfort and quality, drawing on proprietary fit research to refine its product offerings and strengthen its brand appeal.

The company’s core product lines include bras, panties, shapewear, sleepwear and swimwear, marketed under its flagship Wacoal label as well as a portfolio of regional and licensed brands.