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

Shares of Unicharm (OTCMKTS:UNICY) 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 changing hands.

Analysts Set New Price Targets

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

Unicharm Price Performance

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

Unicharm (OTCMKTS:UNICY) last announced its earnings results on Friday, November 6th. The company reported $0.03 earnings per share (EPS) for the quarter. Unicharm had a return on equity of 7.19% and a net margin of 6.65%. As a group, research analysts expect that Unicharm will post 0.13 earnings per share 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.