Unilever (LON:ULVR) Share Price Passes Above 200-Day Moving Average – Here’s Why

Unilever PLC (LON:ULVRGet Free Report) crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 4,626.81 ($61.39) and traded as high as GBX 4,758 ($63.13). Unilever shares last traded at GBX 4,749 ($63.01), with a volume of 3,159,741 shares changing hands.

Unilever Stock Performance

The firm has a 50 day moving average price of GBX 4,557.38 and a 200 day moving average price of GBX 4,626.35. The stock has a market cap of £141.92 billion, a PE ratio of 21.74, a price-to-earnings-growth ratio of 16.72 and a beta of 0.22. The company has a quick ratio of 0.49, a current ratio of 0.77 and a debt-to-equity ratio of 155.87.

Insider Buying and Selling at Unilever

In other news, insider Fernando Fernandez sold 13,397 shares of the business’s stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of GBX 4,441 ($58.92), for a total transaction of £594,960.77 ($789,386.72). Insiders own 0.13% of the company’s stock.

About Unilever

(Get Free Report)

Unilever is one of the world’s leading suppliers of Beauty, Personal Care, Home Care, Nutrition, and Ice Cream products, with sales in over 190 countries and products used by 3.4 billion people every day. We have 148,000 employees and generated sales of €60.1 billion in 2022. 59% of our footprint is in developing and emerging markets.

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