Unicharm (OTCMKTS:UNICY – Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 898,853 shares were traded during mid-day trading, an increase of 137% from the previous session’s volume of 379,968 shares.The stock last traded at $3.0955 and had previously closed at $3.07.
Wall Street Analysts Forecast Growth
Separately, Jefferies Financial Group cut Unicharm from a “strong-buy” rating to a “hold” rating in a report on Monday, August 31st. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Hold”.
Check Out Our Latest Report on Unicharm
Unicharm Trading Up 0.8%
Unicharm (OTCMKTS:UNICY – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.04 EPS for the quarter. The business had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.59 billion. Unicharm had a return on equity of 7.19% and a net margin of 6.65%. On average, analysts predict that Unicharm will post 0.13 earnings per share for the current year.
About Unicharm
Unicharm Corporation is a Japan-based manufacturer of disposable hygiene and household products. Its portfolio includes baby care products such as diapers and wipes, feminine care products, adult incontinence products, and related personal hygiene items.
The company also operates a pet care business, offering products such as pet food, diapers, and toilet-related supplies. In addition, Unicharm produces cleaning and other household products for consumers and institutions.
Founded in Japan in 1961, Unicharm has expanded beyond its domestic market and serves customers across Asia and other international regions.
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