Unicharm (OTCMKTS:UNICY) Shares Gap Up – Here’s What Happened

Shares of Unicharm (OTCMKTS:UNICY) gapped up prior to trading on Thursday . The stock had previously closed at $2.85, but opened at $3.14. Unicharm shares last traded at $3.11, with a volume of 6,591 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research lowered Unicharm from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy”.

Unicharm Price Performance

The firm has a market cap of $10.84 billion, a P/E ratio of 25.96 and a beta of 0.31. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.57 and a quick ratio of 2.06. The company’s 50-day moving average is $2.92 and its two-hundred day moving average is $3.01.

Unicharm (OTCMKTS:UNICY) last released its earnings results on Wednesday, August 5th. The company reported $0.04 EPS for the quarter. The firm had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.59 billion. Unicharm had a net margin of 6.33% and a return on equity of 6.85%. Sell-side analysts anticipate that Unicharm will post 0.15 EPS for the current fiscal 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.