Unicharm (OTCMKTS:UNICY) Trading Up 0.3% – Still a Buy?

Shares of Unicharm (OTCMKTS:UNICY) rose 0.3% during mid-day trading on Tuesday . The stock traded as high as $2.92 and last traded at $2.90. 377,659 shares traded hands during mid-day trading, a decline of 1% from the average daily volume of 379,762 shares. The stock had previously closed at $2.89.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on UNICY shares. Jefferies Financial Group upgraded shares of Unicharm from a “moderate sell” rating to a “strong-buy” rating in a research note on Wednesday, April 1st. Zacks Research downgraded Unicharm from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 8th. One research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy”.

Unicharm Stock Down 2.4%

The company’s 50 day moving average price is $2.99 and its two-hundred day moving average price is $2.99. The company has a current ratio of 2.57, a quick ratio of 2.06 and a debt-to-equity ratio of 0.01. The stock has a market cap of $9.88 billion, a P/E ratio of 23.67 and a beta of 0.32.

Unicharm (OTCMKTS:UNICY) last announced its earnings results on Friday, May 8th. The company reported $0.04 earnings per share (EPS) for the quarter. Unicharm had a net margin of 6.33% and a return on equity of 6.85%. The company had revenue of $1.49 billion during the quarter. Equities analysts forecast that Unicharm will post 0.15 earnings per share 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.