Unicharm (OTCMKTS:UNICY) Shares Gap Down – Here’s What Happened

Unicharm (OTCMKTS:UNICY)’s share price gapped down before the market opened on Tuesday . The stock had previously closed at $3.03, but opened at $2.8950. Unicharm shares last traded at $2.8950, with a volume of 490 shares traded.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on UNICY shares. Jefferies Financial Group raised shares of Unicharm from a “moderate sell” rating to a “strong-buy” rating in a report on Wednesday, April 1st. Zacks Research downgraded shares of Unicharm from a “strong-buy” rating to a “hold” rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, Unicharm currently has an average rating of “Buy”.

Unicharm Stock Performance

The stock’s 50-day moving average is $2.99 and its 200-day moving average is $3.01. The firm has a market capitalization of $10.07 billion, a price-to-earnings ratio of 24.13 and a beta of 0.31. The company has a current ratio of 2.43, a quick ratio of 1.96 and a debt-to-equity ratio of 0.01.

Unicharm (OTCMKTS:UNICY) last released its quarterly earnings data on Friday, May 8th. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $1.49 billion during the quarter. Unicharm had a net margin of 6.33% and a return on equity of 6.78%. On average, analysts predict that Unicharm will post 0.15 EPS for the current fiscal year.

Unicharm Company Profile

Unicharm Corporation is a Tokyo‐based consumer goods company founded in 1961. Specializing in hygiene and care products, the firm has built its reputation on developing innovative, high-performance solutions for everyday needs. Over more than six decades, Unicharm has grown from a domestic manufacturer to a leading global player in the personal care industry.

The company’s core business activities encompass the design, production and marketing of disposable hygiene products. Key product lines include baby care items such as diapers and training pants; feminine hygiene products including sanitary napkins and panty liners; adult incontinence solutions; and pet care offerings like pet diapers and wet wipes.