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

Shares of Unicharm (OTCMKTS:UNICY) gapped up prior to trading on Friday . The stock had previously closed at $2.79, but opened at $2.89. Unicharm shares last traded at $2.89, with a volume of 563 shares changing hands.

Wall Street Analyst Weigh In

UNICY has been the topic of several analyst reports. Zacks Research cut 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 equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Unicharm presently has a consensus rating of “Buy”.

Unicharm Stock Performance

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 has a market capitalization of $10.02 billion, a price-to-earnings ratio of 24.00 and a beta of 0.32. The stock has a 50 day simple moving average of $2.96 and a two-hundred day simple moving average of $2.99.

Unicharm (OTCMKTS:UNICY) last released its quarterly earnings data on Friday, May 8th. The company reported $0.04 earnings per share (EPS) for the quarter. Unicharm had a return on equity of 6.85% and a net margin of 6.33%.The business had revenue of $1.49 billion during the quarter. As a group, analysts anticipate that Unicharm will post 0.15 earnings per share 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.