Unicharm (OTCMKTS:UNICY) Sees Unusually-High Trading Volume – Time to Buy?

Unicharm (OTCMKTS:UNICY) shares saw unusually-high trading volume on Thursday . 2,173,613 shares were traded during mid-day trading, an increase of 414% from the previous session’s volume of 423,066 shares.The stock last traded at $2.83 and had previously closed at $2.79.

Wall Street Analyst Weigh In

UNICY has been the topic of several analyst reports. Zacks Research lowered Unicharm from a “strong-buy” rating to a “hold” rating in a report on Friday, May 8th. Jefferies Financial Group raised shares of Unicharm from a “moderate sell” rating to a “strong-buy” rating in a report on Wednesday, April 1st. One 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.com, the company presently has an average rating of “Buy”.

Unicharm Price Performance

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 $9.81 billion, a PE ratio of 23.50 and a beta of 0.32. The company has a fifty day moving average of $2.97 and a 200-day moving average of $2.99.

Unicharm (OTCMKTS:UNICY) last issued its quarterly 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 business had revenue of $1.49 billion for the quarter. Sell-side analysts expect that Unicharm will post 0.15 EPS 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.