Unicharm (OTCMKTS:UNICY) Sees Strong Trading Volume – What’s Next?

Unicharm (OTCMKTS:UNICY) shares saw an uptick in trading volume on Thursday . Approximately 2,173,613 shares traded hands 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.

Analyst Ratings Changes

Several research analysts have recently weighed in on UNICY shares. Zacks Research downgraded Unicharm from a “strong-buy” rating to a “hold” rating in a research note on Friday, May 8th. Jefferies Financial Group raised shares of Unicharm from a “moderate sell” rating to a “strong-buy” rating in a research note on Wednesday, April 1st. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy”.

Unicharm Trading Up 1.1%

The stock has a market capitalization of $9.81 billion, a PE ratio of 23.50 and a beta of 0.32. The company’s 50 day moving average price is $2.97 and its two-hundred day moving average price is $2.99. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.57 and a quick ratio of 2.06.

Unicharm (OTCMKTS:UNICY) last released its quarterly earnings data on Friday, May 8th. The company reported $0.04 EPS for the quarter. The company had revenue of $1.49 billion during the quarter. Unicharm had a net margin of 6.33% and a return on equity of 6.85%. As a group, analysts expect that Unicharm will post 0.15 earnings per share 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.