Unicharm (OTCMKTS:UNICY) Short Interest Up 86.8% in July

Unicharm (OTCMKTS:UNICY) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 37,979 shares, a growth of 86.8% from the July 15th total of 20,331 shares. Based on an average daily trading volume, of 572,281 shares, the short-interest ratio is presently 0.1 days. Approximately 0.0% of the company’s shares are short sold.

Unicharm Stock Down 2.3%

OTCMKTS:UNICY traded down $0.07 during mid-day trading on Monday, hitting $3.00. The company had a trading volume of 9,800 shares, compared to its average volume of 409,455. The business has a fifty day simple moving average of $2.95 and a 200-day simple moving average of $3.02. The firm has a market capitalization of $10.44 billion, a price-to-earnings ratio of 23.08 and a beta of 0.31. Unicharm has a 1 year low of $2.61 and a 1 year high of $3.67. 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 issued its earnings results on Wednesday, August 5th. The company reported $0.04 earnings per share for the quarter. Unicharm had a return on equity of 7.15% and a net margin of 6.65%.The company had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.59 billion. Equities analysts forecast that Unicharm will post 0.15 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of Unicharm from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Unicharm presently has an average rating of “Buy”.

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.