Unicharm (OTCMKTS:UNICY) Issues Earnings Results

Unicharm (OTCMKTS:UNICY) announced its earnings results on Friday. The company reported $0.03 earnings per share (EPS) for the quarter, Zacks reports. Unicharm had a net margin of 6.65% and a return on equity of 7.19%.

Unicharm Stock Down 8.2%

Shares of OTCMKTS UNICY traded down $0.29 during trading on Friday, hitting $3.23. 102,100 shares of the company traded hands, compared to its average volume of 346,684. The firm has a market capitalization of $11.24 billion, a price-to-earnings ratio of 24.85 and a beta of 0.33. Unicharm has a fifty-two week low of $2.61 and a fifty-two week high of $3.67. The business’s fifty day moving average is $3.11 and its 200 day moving average is $3.04. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.98 and a current ratio of 2.48.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group cut Unicharm from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 31st. Two research analysts have rated the stock with a Hold rating. According to data from MarketBeat.com, Unicharm has an average rating of “Hold”.

About Unicharm

Unicharm Corporation is a Japan-based manufacturer of personal care and household products. Its principal businesses include baby and child care, feminine care, adult incontinence care, household cleaning and hygiene products, and pet care. The company sells products under brands such as Moony, Sofy, Lifree, and Deo-Toilet, although brand availability varies by market.

Founded in 1961 as Taisei Kako Co, Ltd., the company initially produced building materials before expanding into sanitary products.