Unilever (LON:ULVR) Share Price Passes Above Two Hundred Day Moving Average of $3,865.58

Shares of Unilever PLC (LON:ULVR) crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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.

Analysts Set New Price Targets

ULVR has been the topic of several recent analyst reports. Barclays reiterated an “overweight” rating and set a GBX 4,600 ($56.82) target price on shares of Unilever in a report on Monday, April 8th. Berenberg Bank restated a “buy” rating and issued a GBX 4,960 ($61.26) price target on shares of Unilever in a report on Thursday, February 8th. Finally, Jefferies Financial Group restated an “underperform” rating and issued a GBX 3,400 ($42.00) price target on shares of Unilever in a report on Wednesday, March 20th.

Unilever Trading Down 0.6 %

The business has a 50-day moving average of GBX 3,895.83 and a 200-day moving average of GBX 3,865.58. The firm has a market cap of £96.91 billion, a price-to-earnings ratio of 1,755.00, a P/E/G ratio of 14.44 and a beta of 0.17. The company has a debt-to-equity ratio of 142.66, a current ratio of 0.76 and a quick ratio of 0.49.

Unilever Cuts Dividend

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