Unicharm (OTCMKTS:UNICY) Trading Down 8.6% – Here’s What Happened

Unicharm (OTCMKTS:UNICY) was down 8.6% during trading on Wednesday . The company traded as low as $2.85 and last traded at $2.86. Approximately 38,909 shares traded hands during mid-day trading, a decline of 91% from the average daily volume of 424,897 shares. The stock had previously closed at $3.13.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut shares of 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 issued a Hold rating to the company. Based on data from MarketBeat.com, Unicharm currently has an average rating of “Buy”.

Unicharm Trading Up 3.6%

The business has a 50 day simple moving average of $2.92 and a two-hundred day simple moving average of $3.01. The company has a market cap of $11.18 billion, a PE ratio of 24.72 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.

Unicharm (OTCMKTS:UNICY) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.04 EPS for the quarter. The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.59 billion. Unicharm had a net margin of 6.65% and a return on equity of 7.15%. On average, analysts forecast 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.