Unicharm (OTCMKTS:UNICY) Shares Gap Down – Should You Sell?

Unicharm (OTCMKTS:UNICY)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $3.03, but opened at $2.8950. Unicharm shares last traded at $2.8950, with a volume of 490 shares traded.

Analyst Ratings Changes

A number of research analysts recently issued reports on UNICY shares. Zacks Research downgraded Unicharm from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 8th. Jefferies Financial Group upgraded Unicharm from a “moderate sell” rating to a “strong-buy” rating in a research note on Wednesday, April 1st. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy”.

Unicharm Stock Up 3.0%

The business has a 50-day simple moving average of $2.99 and a two-hundred day simple moving average of $3.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.96 and a current ratio of 2.43. The company has a market capitalization of $10.61 billion, a price-to-earnings ratio of 25.42 and a beta of 0.31.

Unicharm (OTCMKTS:UNICY) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.04 earnings per share for the quarter. Unicharm had a return on equity of 6.78% and a net margin of 6.33%.The company had revenue of $1.49 billion during the quarter. As a group, equities analysts predict that Unicharm will post 0.15 EPS 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.