Unicharm (OTCMKTS:UNICY – Get Free Report) was the target of a large increase in short interest in August. As of August 31st, there was short interest totaling 68,602 shares, an increase of 169.2% from the August 15th total of 25,481 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 219,683 shares, the days-to-cover ratio is presently 0.3 days.
Analysts Set New Price Targets
Separately, Jefferies Financial Group lowered Unicharm from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 31st. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has a consensus rating of “Hold”.
Get Our Latest Analysis on UNICY
Unicharm Trading Up 2.3%
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 net margin of 6.65% and a return on equity of 7.19%. The firm had revenue of $1.59 billion for the quarter, compared to analyst estimates of $1.59 billion. On average, equities analysts forecast that Unicharm will post 0.13 EPS for the current fiscal year.
Unicharm Company Profile
Unicharm Corporation is a Japan-based manufacturer of disposable hygiene and household products. Its portfolio includes baby care products such as diapers and wipes, feminine care products, adult incontinence products, and related personal hygiene items.
The company also operates a pet care business, offering products such as pet food, diapers, and toilet-related supplies. In addition, Unicharm produces cleaning and other household products for consumers and institutions.
Founded in Japan in 1961, Unicharm has expanded beyond its domestic market and serves customers across Asia and other international regions.
See Also
- Five stocks we like better than Unicharm
- Rocket Lab Tackles a Supply Chain Bottleneck as the Stock Hunts for a Bottom. Time to Buy?
- Optical Cable Corporation Is Starting to Get the Market’s Attention
- Oil Above $100 Is Creating a New Opportunity Beyond the Major Producers
- Is Nike’s Index Demotion a Warning or a Buying Opportunity?
Receive News & Ratings for Unicharm Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Unicharm and related companies with MarketBeat.com's FREE daily email newsletter.
