Unicharm (OTCMKTS:UNICY) Sees Unusually-High Trading Volume – Time to Buy?

Unicharm (OTCMKTS:UNICYGet 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%

The business’s 50-day simple moving average is $3.04 and its two-hundred day simple moving average is $2.99. The company has a current ratio of 2.48, a quick ratio of 1.98 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $10.77 billion, a PE ratio of 23.82 and a beta of 0.29.

Unicharm (OTCMKTS:UNICYGet 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

(Get Free Report)

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.

Further Reading

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