Unicharm (OTCMKTS:UNICY) Issues Earnings Results

Unicharm (OTCMKTS:UNICY) announced its quarterly earnings results on Friday. The company reported $0.04 earnings per share (EPS) for the quarter, Zacks reports. Unicharm had a return on equity of 7.50% and a net margin of 6.93%.

Unicharm Stock Up 3.0%

Shares of UNICY traded up $0.09 during mid-day trading on Friday, hitting $3.10. The company’s stock had a trading volume of 127,950 shares, compared to its average volume of 353,078. The company’s 50-day moving average is $3.01 and its 200-day moving average is $3.02. Unicharm has a 52-week low of $2.61 and a 52-week high of $4.73. The firm has a market capitalization of $10.79 billion, a price-to-earnings ratio of 23.85 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.

Analysts Set New Price Targets

Several equities research analysts have issued reports on UNICY shares. Jefferies Financial Group upgraded Unicharm from a “moderate sell” rating to a “strong-buy” rating in a research report on Wednesday, April 1st. Zacks Research upgraded shares of Unicharm from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 12th. Two analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat, the company currently has a consensus rating of “Strong Buy”.

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.