Unicharm (OTCMKTS:UNICY) Trading Down 8.6% – Should You Sell?

Unicharm (OTCMKTS:UNICY) shares traded down 8.6% during trading on Wednesday . The stock traded as low as $2.85 and last traded at $2.86. 38,909 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 424,897 shares. The stock had previously closed at $3.13.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered Unicharm from a “strong-buy” rating to a “hold” rating in a report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy”.

Unicharm Trading Down 8.9%

The stock’s 50-day simple moving average is $2.92 and its two-hundred day simple moving average is $3.01. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.57 and a quick ratio of 2.06. The firm has a market capitalization of $9.92 billion, a P/E ratio of 23.75 and a beta of 0.31.

Unicharm (OTCMKTS:UNICY) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.04 EPS for the quarter. Unicharm had a net margin of 6.33% and a return on equity of 6.85%. Equities research analysts expect that Unicharm will post 0.15 EPS 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.