PT Unilever Indonesia Tbk (OTCMKTS:UNLRY) Trading Down 0.7% – Should You Sell?

PT Unilever Indonesia Tbk (OTCMKTS:UNLRY) dropped 0.7% during mid-day trading on Thursday . The company traded as low as $2.08 and last traded at $2.08. Approximately 23,079 shares traded hands during mid-day trading, an increase of 98% from the average daily volume of 11,640 shares. The stock had previously closed at $2.10.

PT Unilever Indonesia Tbk Stock Down 0.7 %

The business’s fifty day moving average is $2.25 and its 200-day moving average is $2.72.

PT Unilever Indonesia Tbk Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 3rd. Shareholders of record on Monday, December 9th were given a dividend of $0.0517 per share. The ex-dividend date was Monday, December 9th. PT Unilever Indonesia Tbk’s dividend payout ratio is presently 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.