Unicharm (OTCMKTS:UNICY) Shares Gap Down – Should You Sell?

Unicharm (OTCMKTS:UNICY) gapped down before the market opened on Wednesday . The stock had previously closed at $3.0750, but opened at $2.9601. Unicharm shares last traded at $3.05, with a volume of 616 shares trading hands.

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 equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company currently has a consensus rating of “Hold”.

Unicharm Trading Up 1.0%

The stock has a market cap of $10.79 billion, a PE ratio of 23.85 and a beta of 0.29. The firm has a 50-day moving average price of $3.04 and a 200-day moving average price of $2.98. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.98 and a current ratio of 2.48.

Unicharm (OTCMKTS:UNICY) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.04 earnings per share for the quarter. The company had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.59 billion. Unicharm had a net margin of 6.65% and a return on equity of 7.19%. As a group, equities analysts anticipate 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.