Unicharm (OTCMKTS:UNICY) Short Interest Update

Unicharm (OTCMKTS:UNICY) saw a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 25,481 shares, a decrease of 32.9% from the July 30th total of 37,979 shares. Based on an average trading volume of 280,001 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the shares of the company are short sold.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on UNICY shares. Jefferies Financial Group downgraded Unicharm from a “strong-buy” rating to a “hold” rating in a research note on Monday. Zacks Research cut shares of Unicharm from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 8th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

Unicharm Trading Up 0.3%

OTCMKTS:UNICY opened at $3.06 on Thursday. Unicharm has a one year low of $2.61 and a one year high of $3.67. The business has a fifty day moving average price of $3.00 and a 200-day moving average price of $3.02. The firm has a market capitalization of $10.65 billion, a price-to-earnings ratio of 23.54 and a beta of 0.29. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.57 and a quick ratio of 2.06.

Unicharm (OTCMKTS:UNICY) last released its earnings results on Wednesday, August 5th. The company reported $0.04 earnings per share for the quarter. Unicharm had a return on equity of 7.15% and a net margin of 6.65%.The company had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.59 billion. Sell-side analysts forecast that Unicharm will post 0.13 EPS for the current year.

About Unicharm

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.