Unicharm (OTCMKTS:UNICY) Shares Gap Up – Should You Buy?

Unicharm (OTCMKTS:UNICY)’s share price gapped up before the market opened 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.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Zacks Research cut Unicharm from a “strong-buy” rating to a “hold” rating in a report on Friday, May 8th. Jefferies Financial Group cut Unicharm from a “strong-buy” rating to a “hold” rating in a research note on Monday. Two research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.

Unicharm Stock Up 1.5%

The company has a quick ratio of 2.06, a current ratio of 2.57 and a debt-to-equity ratio of 0.01. The company’s fifty day moving average price is $3.00 and its 200-day moving average price is $3.02. The stock has a market capitalization of $10.80 billion, a PE ratio of 23.89 and a beta of 0.29.

Unicharm (OTCMKTS:UNICY) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.04 earnings per share (EPS) for the quarter. The company had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.59 billion. Unicharm had a net margin of 6.65% and a return on equity of 7.15%. Analysts forecast that Unicharm will post 0.13 earnings per share for the current year.

About Unicharm

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.