Unicharm (OTCMKTS:UNICY) Shares Climb 7.5% – Here’s What Happened

Unicharm (OTCMKTS:UNICY) was up 7.5% on Thursday. The stock traded as high as $3.52 and last traded at $3.5150. 29,916 shares were traded during trading, a decline of 91% from the average daily volume of 347,603 shares. The stock had previously closed at $3.27.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group downgraded Unicharm from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 31st. Two research analysts have rated the stock with a Hold rating. According to MarketBeat, the company currently has an average rating of “Hold”.

Unicharm Stock Up 7.5%

The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.98 and a current ratio of 2.48. The company’s 50-day moving average price is $3.10 and its 200 day moving average price is $3.04. The stock has a market capitalization of $12.23 billion, a P/E ratio of 27.04 and a beta of 0.33.

Unicharm (OTCMKTS:UNICY) last issued its earnings results on Wednesday, August 5th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.59 billion. Unicharm had a net margin of 6.65% and a return on equity of 7.19%. As a group, equities analysts expect that Unicharm will post 0.13 earnings per share for the current year.

About Unicharm

Unicharm Corporation is a Japan-based manufacturer of personal care and household products. Its principal businesses include baby and child care, feminine care, adult incontinence care, household cleaning and hygiene products, and pet care. The company sells products under brands such as Moony, Sofy, Lifree, and Deo-Toilet, although brand availability varies by market.

Founded in 1961 as Taisei Kako Co, Ltd., the company initially produced building materials before expanding into sanitary products.