Unicharm (OTCMKTS:UNICY) Shares Gap Up – Here’s Why

Shares of Unicharm (OTCMKTS:UNICY) gapped up before the market opened on Thursday . The stock had previously closed at $3.05, but opened at $3.23. Unicharm shares last traded at $3.10, with a volume of 9,847 shares trading hands.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on UNICY shares. Zacks Research lowered shares of Unicharm from a “strong-buy” rating to a “hold” rating in a report on Friday, May 8th. Jefferies Financial Group cut Unicharm from a “strong-buy” rating to a “hold” rating in a report on Monday, August 31st. Two analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold”.

Unicharm Price Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 2.57 and a quick ratio of 2.06. The company’s 50 day moving average price is $3.01 and its 200 day moving average price is $3.02. The firm has a market capitalization of $10.65 billion, a P/E ratio of 23.54 and a beta of 0.29.

Unicharm (OTCMKTS:UNICY) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.04 earnings per share for the quarter. Unicharm had a net margin of 6.65% and a return on equity of 7.15%. The firm had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.59 billion. As a group, sell-side analysts anticipate that Unicharm will post 0.13 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.