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

Shares of Unicharm (OTCMKTS:UNICY) gapped down before the market opened on Tuesday . The stock had previously closed at $3.03, but opened at $2.8950. Unicharm shares last traded at $2.8950, with a volume of 490 shares traded.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the stock. Zacks Research cut shares of Unicharm from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 8th. Jefferies Financial Group upgraded shares of Unicharm from a “moderate sell” rating to a “strong-buy” rating in a research report on Wednesday, April 1st. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy”.

Unicharm Stock Performance

The company’s 50-day simple moving average is $2.99 and its 200-day simple moving average is $3.01. The company has a current ratio of 2.43, a quick ratio of 1.96 and a debt-to-equity ratio of 0.01. The stock has a market capitalization of $10.07 billion, a price-to-earnings ratio of 24.13 and a beta of 0.31.

Unicharm (OTCMKTS:UNICY) last posted its quarterly earnings data on Friday, May 8th. The company reported $0.04 EPS for the quarter. Unicharm had a net margin of 6.33% and a return on equity of 6.78%. The company had revenue of $1.49 billion for the quarter. On average, analysts expect 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.