Unilever (LON:ULVR) Stock Crosses Above Two Hundred Day Moving Average of $3,874.39

Shares of Unilever PLC (LON:ULVR) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 3,874.39 ($48.67) and traded as high as GBX 4,188 ($52.61). Unilever shares last traded at GBX 4,188 ($52.61), with a volume of 2,201,674 shares traded.

Wall Street Analysts Forecast Growth

ULVR has been the topic of a number of research reports. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 4,960 ($62.30) price target on shares of Unilever in a research note on Thursday, April 25th. Jefferies Financial Group restated an “underperform” rating and issued a GBX 3,400 ($42.71) target price on shares of Unilever in a research report on Wednesday, March 20th. Finally, Barclays reiterated an “overweight” rating and set a GBX 4,600 ($57.78) price target on shares of Unilever in a research report on Monday, April 8th.

Unilever Stock Performance

The company has a market cap of £105.12 billion, a PE ratio of 1,903.64, a PEG ratio of 14.44 and a beta of 0.17. The company has a debt-to-equity ratio of 142.66, a quick ratio of 0.49 and a current ratio of 0.76. The firm’s 50 day moving average is GBX 3,905.69 and its 200-day moving average is GBX 3,874.39.

Unilever Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, June 7th. Stockholders of record on Thursday, May 16th will be given a GBX 36.74 ($0.46) dividend. The ex-dividend date is Thursday, May 16th. This is a positive change from Unilever’s previous dividend of $36.47. This represents a dividend yield of 0.95%. Unilever’s dividend payout ratio is 6,727.27%.

About Unilever

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.