Unicharm (OTCMKTS:UNICY) Shares Gap Up – Still a Buy?

Unicharm (OTCMKTS:UNICY) shares gapped up prior to trading on Thursday . The stock had previously closed at $2.85, but opened at $3.14. Unicharm shares last traded at $3.11, with a volume of 6,591 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research cut Unicharm from a “strong-buy” rating to a “hold” rating in a report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

Unicharm Trading Up 9.3%

The business’s 50 day moving average price is $2.92 and its two-hundred day moving average price is $3.01. The company has a current ratio of 2.57, a quick ratio of 2.06 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $10.84 billion, a price-to-earnings ratio of 25.96 and a beta of 0.31.

Unicharm (OTCMKTS:UNICY) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $1.59 billion during the quarter, compared to analysts’ expectations of $1.59 billion. Unicharm had a net margin of 6.33% and a return on equity of 6.85%. On average, equities analysts predict that Unicharm will post 0.15 earnings per share for the current fiscal 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.