Unicharm (OTCMKTS:UNICY) Short Interest Update

Unicharm (OTCMKTS:UNICY) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 25,481 shares, a decline of 32.9% from the July 30th total of 37,979 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 280,001 shares, the days-to-cover ratio is presently 0.1 days.

Wall Street Analysts Forecast Growth

Separately, Zacks Research lowered 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 stock. According to MarketBeat.com, Unicharm currently has an average rating of “Buy”.

Unicharm Stock Up 0.7%

Shares of UNICY opened at $3.08 on Tuesday. The stock has a market capitalization of $10.72 billion, a price-to-earnings ratio of 23.69 and a beta of 0.31. Unicharm has a 1 year low of $2.61 and a 1 year high of $3.67. The business’s 50 day simple moving average is $2.99 and its 200-day simple moving average is $3.02. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.57 and a quick ratio of 2.06.

Unicharm (OTCMKTS:UNICY) last posted its earnings results on Wednesday, August 5th. The company reported $0.04 EPS for the quarter. Unicharm had a return on equity of 7.15% and a net margin of 6.65%.The firm had revenue of $1.59 billion during the quarter, compared to the consensus estimate of $1.59 billion. As a group, equities analysts expect that Unicharm will post 0.13 earnings per share 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.