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

Wacoal Holdings Corp. (OTCMKTS:WACLY)’s share price gapped down before the market opened on Wednesday. The stock had previously closed at $118.23, but opened at $108.80. Wacoal shares last traded at $108.80, with a volume of 1 shares traded.

Wacoal Stock Performance

The company has a fifty day simple moving average of $123.83 and a two-hundred day simple moving average of $133.84. 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 has a market capitalization of $1.24 billion, a P/E ratio of 142.59 and a beta of 0.08.

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

About Wacoal

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.