Nitori (OTCMKTS:NCLTY) Upgraded to Hold at Zacks Research

Zacks Research upgraded shares of Nitori (OTCMKTS:NCLTY) to a hold rating in a report issued on Tuesday,Zacks.com reports.

Nitori Stock Up 3.7%

OTCMKTS NCLTY opened at $7.81 on Tuesday. The stock’s 50 day moving average is $8.93 and its 200 day moving average is $8.64. The company has a current ratio of 1.13, a quick ratio of 0.78 and a debt-to-equity ratio of 0.02. Nitori has a 12 month low of $7.15 and a 12 month high of $12.93. The stock has a market cap of $8.83 billion, a PE ratio of 16.62 and a beta of 0.75.

About Nitori

Nitori Holdings Co, Ltd. engages in the retail of furniture and interior products in Japan. It is involved in the advertising; logistics; and other activities. The company engages in insurance and clothing related businesses. Nitori Holdings Co, Ltd. was founded in 1967 and is headquartered in Tokyo, Japan.