PT Unilever Indonesia Tbk (OTCMKTS:UNLRY) Shares Down 4.3% – Should You Sell?

PT Unilever Indonesia Tbk (OTCMKTS:UNLRY) shares were down 4.3% on Friday . The company traded as low as $1.77 and last traded at $1.77. Approximately 522 shares traded hands during trading, a decline of 98% from the average daily volume of 24,640 shares. The stock had previously closed at $1.85.

PT Unilever Indonesia Tbk Trading Down 4.3%

The stock’s fifty day moving average is $1.96 and its two-hundred day moving average is $1.84.

PT Unilever Indonesia Tbk Cuts Dividend

The company also recently declared a dividend, which was paid on Thursday, July 17th. Investors of record on Wednesday, June 18th were issued a dividend of $0.0347 per share. This represents a yield of 6.51%. The ex-dividend date was Tuesday, June 17th. PT Unilever Indonesia Tbk’s payout ratio is 73.15%.

About PT Unilever Indonesia Tbk

PT Unilever Indonesia Tbk manufactures, markets, and distributes consumer goods in Indonesia. It offers soaps, detergents, dairy based foods, ice creams, savories, soy sauce, cosmetic products, tea-based beverages, and fruit juices. The company provides its products under the Axe, Bango, Buavita, Cif, Citra, Clear, Clear Men, Close Up, Cornetto, Dove, Feast, Feast, Glow & Lovely, Hellmann's, Jawara, Knorr, Lifebuoy, Lipton, Love Beauty & Planet, Lux, Magnum, Molto, Paddle Pop, Pepsodent, Pond's, Pond's Men, Populaire, Rexona, Rinso, Royco, SariWangi, Seru, Simple, St.