Unicharm (OTCMKTS:UNICY) Downgraded by Jefferies Financial Group to “Hold”

Unicharm (OTCMKTS:UNICY) was downgraded by investment analysts at Jefferies Financial Group from a “strong-buy” rating to a “hold” rating in a note issued to investors on Monday, Zacks reports.

Separately, Zacks Research cut shares of Unicharm from a “strong-buy” rating to a “hold” rating in a report on Friday, May 8th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company has an average rating of “Hold”.

Unicharm Price Performance

Shares of OTCMKTS:UNICY opened at $3.05 on Monday. The company’s 50-day moving average is $3.00 and its 200 day moving average is $3.02. 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 $10.61 billion, a P/E ratio of 23.46 and a beta of 0.29. Unicharm has a fifty-two week low of $2.61 and a fifty-two week high of $3.67.

Unicharm (OTCMKTS:UNICY) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.59 billion. Unicharm had a net margin of 6.65% and a return on equity of 7.15%. On average, equities research analysts forecast that Unicharm will post 0.13 earnings per share for the current year.

Unicharm Company Profile

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.