Unicharm (OTCMKTS:UNICY) Shares Gap Down – Time to Sell?

Shares of Unicharm (OTCMKTS:UNICY) gapped down prior to trading on Monday . 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.

Analyst Ratings Changes

UNICY has been the topic of several research reports. Zacks Research raised Unicharm from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 12th. Jefferies Financial Group raised Unicharm from a “moderate sell” rating to a “strong-buy” rating in a report on Wednesday, April 1st. Two equities research analysts have rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the stock has an average rating of “Strong Buy”.

Unicharm Stock Down 4.2%

The company has a quick ratio of 1.96, a current ratio of 2.43 and a debt-to-equity ratio of 0.01. The firm has a 50 day simple moving average of $3.01 and a 200-day simple moving average of $3.02. The stock has a market cap of $10.34 billion, a P/E ratio of 24.75 and a beta of 0.31.

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 firm had revenue of $1.49 billion for the quarter. Unicharm had a return on equity of 6.78% and a net margin of 6.33%. On average, equities research analysts forecast 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.