Unicharm (OTCMKTS:UNICY) Shares Gap Up – Time to Buy?

Unicharm (OTCMKTS:UNICY)’s share price gapped up before the market opened 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.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded Unicharm from a “strong-buy” rating to a “hold” rating in a research report on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, Unicharm currently has an average rating of “Buy”.

Unicharm Stock Performance

The company has a market cap of $11.14 billion, a price-to-earnings ratio of 24.62 and a beta of 0.31. 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’s 50 day moving average price is $2.92 and its 200 day moving average price is $3.01.

Unicharm (OTCMKTS:UNICY) last released its earnings results on Wednesday, August 5th. The company reported $0.04 earnings per share (EPS) for the quarter. Unicharm had a net margin of 6.65% and a return on equity of 7.15%. The business had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.59 billion. On average, analysts expect 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.