Unilever (LON:ULVR) Stock Passes Above 200-Day Moving Average of $3,865.58

Shares of Unilever PLC (LON:ULVR) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 3,865.58 ($47.75) and traded as high as GBX 3,913 ($48.33). Unilever shares last traded at GBX 3,861 ($47.69), with a volume of 3,243,738 shares trading hands.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on ULVR shares. Jefferies Financial Group restated an “underperform” rating and issued a GBX 3,400 ($42.00) price objective on shares of Unilever in a research report on Wednesday, March 20th. Berenberg Bank restated a “buy” rating and issued a GBX 4,960 ($61.26) price objective on shares of Unilever in a research report on Thursday, February 8th. Finally, Barclays reiterated an “overweight” rating and set a GBX 4,600 ($56.82) price target on shares of Unilever in a research report on Monday, April 8th.

Unilever Price Performance

The company has a quick ratio of 0.49, a current ratio of 0.76 and a debt-to-equity ratio of 142.66. The firm’s 50-day moving average is GBX 3,895.83 and its 200-day moving average is GBX 3,865.58. The company has a market cap of £96.91 billion, a PE ratio of 1,755.00, a PEG ratio of 14.44 and a beta of 0.17.

Unilever Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 22nd. Investors of record on Thursday, February 22nd were given a dividend of GBX 36.47 ($0.45) per share. This represents a dividend yield of 0.93%. The ex-dividend date was Thursday, February 22nd. Unilever’s dividend payout ratio is currently 6,727.27%.

Unilever Company Profile

Unilever PLC operates as a fast-moving consumer goods company in the Asia Pacific, Africa, the Americas, and Europe. It operates through five segments: Beauty & Wellbeing, Personal Care, Home Care, Nutrition, and Ice Cream. The Beauty & Wellbeing segment engages in the sale of hair care products, such as shampoo, conditioner, and styling; skin care products including face, hand, and body moisturizer; and prestige beauty and health & wellbeing products consist of the vitamins, minerals, and supplements.