Unicharm (OTCMKTS:UNICY) Sees Large Volume Increase - Here's Why

Key Points

• Unicharm's stock experienced a significant increase in trading volume, with 2,578,611 shares exchanged, marking a 368% surge from the previous session.
• The company reported an earnings per share (EPS) of $0.05 for the last quarter, falling short of analysts' expectations of $0.17, with a revenue of $1.49 billion compared to a forecast of $1.69 billion.
• Unicharm has a market capitalization of $12.34 billion and a low debt-to-equity ratio of 0.01, indicating strong financial health.

Unicharm (OTCMKTS:UNICY - Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 2,578,611 shares were traded during mid-day trading, an increase of 368% from the previous session's volume of 550,674 shares.The stock last traded at $3.53 and had previously closed at $3.50.

Unicharm Stock Performance

The stock has a market capitalization of $12.48 billion, a price-to-earnings ratio of 17.80 and a beta of 0.22. The company has a quick ratio of 1.86, a current ratio of 2.31 and a debt-to-equity ratio of 0.01. The stock's 50-day simple moving average is $3.70 and its 200 day simple moving average is $3.96.

Unicharm (OTCMKTS:UNICY - Get Free Report) last released its quarterly earnings results on Friday, May 9th. The company reported $0.05 EPS for the quarter. The firm had revenue of $1.49 billion during the quarter, compared to analyst estimates of $1.69 billion. Analysts expect that Unicharm will post 0.17 earnings per share for the current fiscal year.

About Unicharm

Unicharm Corporation engages in the manufacturing and sale of wellness, feminine, baby and children, kirei, and pet care products in Japan and internationally. The company's baby and child care products, including disposable diapers and wipes under the Moony, MamyPoko, Oyasumiman, and Torepanman brands; feminine care products comprise napkins, tampons, panty liners, sanitary short, panty liners, and other feminine care products under the Sofy, Center-In, and Unicharm brand names; and wellness care products include napkin-type incontinence pads, pants-type diapers, tape-type diapers, pants-type specialized urine pads, and tape-type specialized urine pads under the Lifree and Charmnap brand.