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

Unicharm (OTCMKTS:UNICY)’s share price gapped down prior to trading on Friday . The stock had previously closed at $2.98, but opened at $2.88. Unicharm shares last traded at $2.88, with a volume of 1,102 shares changing hands.

Wall Street Analyst Weigh In

UNICY has been the subject of a number of analyst reports. Jefferies Financial Group raised shares of Unicharm from a “moderate sell” rating to a “strong-buy” rating in a report on Wednesday, April 1st. Zacks Research cut shares of Unicharm from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Buy”.

Unicharm Stock Performance

The company has a market capitalization of $9.99 billion, a P/E ratio of 23.92 and a beta of 0.33. 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 stock has a fifty day simple moving average of $2.93 and a 200-day simple moving average of $3.00.

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 net margin of 6.33% and a return on equity of 6.85%. The company had revenue of $1.49 billion during the quarter. Equities analysts forecast 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.