Unicharm (OTCMKTS:UNICY) Sees Significant Drop in Short Interest

Unicharm (OTCMKTS:UNICY) saw a significant drop in short interest in the month of June. As of June 15th, there was short interest totaling 12,129 shares, a drop of 97.4% from the May 31st total of 459,669 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 793,749 shares, the short-interest ratio is currently 0.0 days.

Unicharm Stock Performance

Unicharm stock opened at $2.81 on Friday. The stock has a market cap of $9.78 billion, a P/E ratio of 23.42 and a beta of 0.32. The company has a current ratio of 2.57, a quick ratio of 2.06 and a debt-to-equity ratio of 0.01. The stock has a 50 day moving average of $2.96 and a 200-day moving average of $2.99. Unicharm has a 52 week low of $2.61 and a 52 week high of $3.74.

Unicharm (OTCMKTS:UNICY) last issued its quarterly earnings results on Friday, May 8th. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $1.49 billion during the quarter. Unicharm had a net margin of 6.33% and a return on equity of 6.85%. On average, analysts expect that Unicharm will post 0.15 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on UNICY shares. Jefferies Financial Group upgraded shares of Unicharm from a “moderate sell” rating to a “strong-buy” rating in a research note on Wednesday, April 1st. Zacks Research downgraded shares of 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 assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Buy”.

About Unicharm

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.