Unicharm (OTCMKTS:UNICY) Shares Down 8.6% – Should You Sell?
by Mitch Edgeman · The Markets DailyUnicharm (OTCMKTS:UNICY – Get Free Report)’s stock price traded down 8.6% during mid-day trading on Wednesday . The stock traded as low as $2.85 and last traded at $2.86. Approximately 38,909 shares traded hands during trading, a decline of 91% from the average daily volume of 424,897 shares. The stock had previously closed at $3.13.
Wall Street Analysts Forecast Growth
Separately, Zacks Research cut shares of Unicharm from a “strong-buy” rating to a “hold” rating in a report on Friday, May 8th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy”.
Check Out Our Latest Research Report on UNICY
Unicharm Trading Down 8.9%
The company has a debt-to-equity ratio of 0.01, a current ratio of 2.57 and a quick ratio of 2.06. The firm’s 50 day moving average price is $2.92 and its 200 day moving average price is $3.01. The stock has a market capitalization of $9.92 billion, a P/E ratio of 23.75 and a beta of 0.31.
Unicharm (OTCMKTS:UNICY – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.04 EPS for the quarter. Unicharm had a return on equity of 6.85% and a net margin of 6.33%. As a group, equities research analysts expect that Unicharm will post 0.15 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.