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

Unicharm (OTCMKTS:UNICY)’s stock price gapped down before the market opened on Friday. The stock had previously closed at $3.52, but opened at $3.19. Unicharm shares last traded at $3.1888, with a volume of 3,586 shares traded.

Wall Street Analysts Forecast Growth

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

Unicharm Stock Performance

The company has a market cap of $11.19 billion, a P/E ratio of 24.73 and a beta of 0.33. The company has a quick ratio of 1.98, a current ratio of 2.48 and a debt-to-equity ratio of 0.01. The company has a 50 day moving average price of $3.11 and a 200-day moving average price of $3.04.

Unicharm (OTCMKTS:UNICY) last issued its quarterly earnings data on Friday, November 6th. The company reported $0.03 earnings per share for the quarter. Unicharm had a net margin of 6.65% and a return on equity of 7.19%. Equities analysts expect that Unicharm will post 0.13 EPS for the current fiscal year.

Unicharm Company Profile

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.