Unicharm (OTCMKTS:UNICY) Shares Gap Up – Time to Buy?

Unicharm (OTCMKTS:UNICY) gapped up prior to trading on Friday . The stock had previously closed at $2.79, but opened at $2.89. Unicharm shares last traded at $2.89, with a volume of 563 shares changing hands.

Analyst Ratings Changes

UNICY has been the subject of a number of research reports. Jefferies Financial Group raised shares of Unicharm from a “moderate sell” rating to a “strong-buy” rating in a research report on Wednesday, April 1st. Zacks Research cut Unicharm from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, Unicharm currently has a consensus rating of “Buy”.

Unicharm Price Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 2.06 and a current ratio of 2.57. The company has a market capitalization of $10.02 billion, a PE ratio of 24.00 and a beta of 0.32. The company’s 50-day simple moving average is $2.96 and its 200-day simple moving average is $2.99.

Unicharm (OTCMKTS:UNICY) last announced its earnings results on Friday, May 8th. The company reported $0.04 earnings per share for the quarter. Unicharm had a net margin of 6.33% and a return on equity of 6.85%. The business had revenue of $1.49 billion during the quarter. As a group, sell-side analysts anticipate that Unicharm will post 0.15 earnings per share 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.