Unicharm (OTCMKTS:UNICY) Shares Gap Up – What’s Next?

Unicharm (OTCMKTS:UNICY)’s stock price gapped up prior to trading on Monday. The stock had previously closed at $3.23, but opened at $3.44. Unicharm shares last traded at $3.30, with a volume of 3,247 shares trading hands.

Analysts Set New Price Targets

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

Unicharm Stock Down 1.1%

The business’s 50-day moving average is $3.10 and its 200-day moving average is $3.04. 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 firm has a market cap of $11.27 billion, a price-to-earnings ratio of 25.21 and a beta of 0.33.

Unicharm (OTCMKTS:UNICY) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.04 EPS for the quarter. The business had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.59 billion. Unicharm had a return on equity of 7.19% and a net margin of 6.65%. On average, equities analysts predict that Unicharm will post 0.13 EPS 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.