Unicharm (OTCMKTS:UNICY) Shares Gap Down – Time to Sell?

Unicharm (OTCMKTS:UNICY)’s share price gapped down prior to trading on Monday. The stock had previously closed at $2.98, but opened at $2.82. Unicharm shares last traded at $2.82, with a volume of 1,064 shares traded.

Analyst Ratings Changes

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

Unicharm Price Performance

The company has a market capitalization of $10.34 billion, a PE ratio of 22.85 and a beta of 0.30. The company has a quick ratio of 1.98, a current ratio of 2.48 and a debt-to-equity ratio of 0.01. The firm’s 50-day moving average is $3.07 and its 200-day moving average is $2.99.

Unicharm (OTCMKTS:UNICY) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.04 earnings per share (EPS) for the quarter. The firm had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.59 billion. Unicharm had a return on equity of 7.19% and a net margin of 6.65%. Equities analysts predict that Unicharm will post 0.13 earnings per share for the current fiscal year.

Unicharm Company Profile

Unicharm Corporation is a Japan-based manufacturer of personal-care and household hygiene products. Its portfolio includes baby and child-care products, feminine-care products, adult incontinence products, facial tissues, cleaning products, and disposable masks.

The company also operates a pet-care business, offering products such as disposable pet toilet systems, absorbent sheets, diapers, and other animal-care items. Unicharm sells its products under brands including Moony, MamyPoko, Sofy, Lifree, and Deo-Toilet, among others.

Founded in Japan in 1961 by Keiichiro Takahara, Unicharm has expanded beyond its domestic market to serve consumers across Asia and other international regions, including parts of the Middle East, the Americas, and Europe.