Unicharm (OTCMKTS:UNICY) Shares Gap Down After Analyst Downgrade

Unicharm (OTCMKTS:UNICY)’s share price gapped down before the market opened on Monday after Zacks Research downgraded the stock from a strong-buy rating to a hold rating. The stock had previously closed at $3.10, but opened at $2.95. Unicharm shares last traded at $2.9666, with a volume of 17,183 shares changing hands.

Separately, Jefferies Financial Group upgraded Unicharm from a “moderate sell” rating to a “strong-buy” rating in a research report on Wednesday, April 1st. One analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, Unicharm has an average rating of “Buy”.

Unicharm Stock Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 2.43 and a quick ratio of 1.96. The business has a 50-day simple moving average of $2.99 and a 200 day simple moving average of $3.02. The firm has a market cap of $10.44 billion, a PE ratio of 25.00 and a beta of 0.31.

Unicharm (OTCMKTS:UNICY) last released its earnings results on Friday, May 8th. The company reported $0.04 earnings per share (EPS) for the quarter. Unicharm had a return on equity of 6.78% and a net margin of 6.33%.The firm had revenue of $1.49 billion during the quarter. Equities research analysts forecast that Unicharm will post 0.15 EPS for the current year.

About Unicharm

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.