Unicharm (OTCMKTS:UNICY) Short Interest Down 83.2% in June

Unicharm (OTCMKTS:UNICY) was the recipient of a significant decline in short interest in June. As of June 30th, there was short interest totaling 2,038 shares, a decline of 83.2% from the June 15th total of 12,129 shares. Based on an average daily volume of 1,436,509 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on UNICY. Jefferies Financial Group raised Unicharm from a “moderate sell” rating to a “strong-buy” rating in a research report on Wednesday, April 1st. Zacks Research lowered Unicharm from a “strong-buy” rating to a “hold” rating in a report on Friday, May 8th. One analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, Unicharm presently has a consensus rating of “Buy”.

Unicharm Stock Down 1.4%

Shares of UNICY traded down $0.04 during mid-day trading on Friday, hitting $2.86. 151,148 shares of the company’s stock were exchanged, compared to its average volume of 490,768. The stock has a market cap of $9.95 billion, a price-to-earnings ratio of 23.84 and a beta of 0.33. The firm has a fifty day moving average of $2.93 and a two-hundred day moving average of $3.00. The company has a quick ratio of 2.06, a current ratio of 2.57 and a debt-to-equity ratio of 0.01. Unicharm has a twelve month low of $2.61 and a twelve month high of $3.67.

Unicharm (OTCMKTS:UNICY) last released its quarterly earnings data on Friday, May 8th. The company reported $0.04 earnings per share (EPS) for the quarter. The business had revenue of $1.49 billion during the quarter. Unicharm had a net margin of 6.33% and a return on equity of 6.85%. On average, sell-side analysts forecast that Unicharm will post 0.15 earnings per share for the current 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.