Unicharm (OTCMKTS:UNICY) Shares Climb 7.5% – Should You Buy?

Unicharm (OTCMKTS:UNICY)’s stock price rose 7.5% during mid-day trading on Thursday. The stock traded as high as $3.52 and last traded at $3.5150. 29,916 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 347,603 shares. The stock had previously closed at $3.27.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group cut shares of Unicharm from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 31st. Two investment analysts have rated the stock with a Hold rating. According to data from MarketBeat, the stock currently has an average rating of “Hold”.

Unicharm Stock Performance

The firm has a 50-day moving average of $3.11 and a two-hundred day moving average of $3.04. The company has a quick ratio of 1.98, a current ratio of 2.48 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $11.24 billion, a PE ratio of 24.85 and a beta of 0.33.

Unicharm (OTCMKTS:UNICY) last posted its earnings results on Friday, November 6th. The company reported $0.03 earnings per share for the quarter. Unicharm had a net margin of 6.65% and a return on equity of 7.19%. The firm had revenue of $1.52 billion during the quarter, compared to analyst estimates of $1.57 billion. Research analysts anticipate that Unicharm will post 0.13 EPS for the current year.

Unicharm Company Profile

Unicharm Corporation is a Japan-based manufacturer of personal care and household products. Its principal businesses include baby and child care, feminine care, adult incontinence care, household cleaning and hygiene products, and pet care. The company sells products under brands such as Moony, Sofy, Lifree, and Deo-Toilet, although brand availability varies by market.

Founded in 1961 as Taisei Kako Co, Ltd., the company initially produced building materials before expanding into sanitary products.