Unilever (LON:ULVR) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

Unilever PLC (LON:ULVR) crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 4,532.98 ($58.79) and traded as high as GBX 4,736 ($61.42). Unilever shares last traded at GBX 4,730 ($61.34), with a volume of 7,968,824 shares trading hands.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. restated an “overweight” rating on shares of Unilever in a research note on Thursday, July 4th.

Unilever Stock Performance

The company has a market cap of £117.30 billion, a PE ratio of 2,150.00, a price-to-earnings-growth ratio of 16.72 and a beta of 0.22. The business has a fifty day simple moving average of GBX 4,845.99 and a two-hundred day simple moving average of GBX 4,532.98. The company has a debt-to-equity ratio of 137.49, a current ratio of 0.77 and a quick ratio of 0.49.

Unilever Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Friday, December 6th. Stockholders of record on Thursday, November 7th will be paid a dividend of GBX 36.63 ($0.48) per share. The ex-dividend date of this dividend is Thursday, November 7th. This represents a dividend yield of 0.79%. Unilever’s payout ratio is currently 6,681.82%.

Insider Buying and Selling

In other news, insider Nelson Peltz sold 2,931,127 shares of the stock in a transaction dated Friday, August 9th. The shares were sold at an average price of GBX 4,738 ($61.44), for a total transaction of £138,876,797.26 ($180,102,188.12). 0.13% of the stock is owned by corporate insiders.

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.