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

Unicharm (OTCMKTS:UNICY) gapped up prior to trading on Thursday . The stock had previously closed at $3.05, but opened at $3.23. Unicharm shares last traded at $3.10, with a volume of 9,847 shares.

Wall Street Analyst Weigh In

UNICY has been the topic of a number of research analyst reports. Jefferies Financial Group cut shares of Unicharm from a “strong-buy” rating to a “hold” rating in a research note on Monday. Zacks Research lowered shares of Unicharm from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 8th. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock has a consensus rating of “Hold”.

Unicharm Stock Up 1.5%

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 firm has a market cap of $10.80 billion, a P/E ratio of 23.89 and a beta of 0.29. The stock’s fifty day moving average is $3.00 and its two-hundred day moving average is $3.02.

Unicharm (OTCMKTS:UNICY) last announced its earnings results on Wednesday, August 5th. The company reported $0.04 earnings per share for the quarter. Unicharm had a return on equity of 7.15% and a net margin of 6.65%.The business had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.59 billion. As a group, research analysts anticipate 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.