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

PT Unilever Indonesia Tbk (OTCMKTS:UNLRY) shares were down 0.7% on Thursday . The stock traded as low as $2.08 and last traded at $2.08. Approximately 23,079 shares were traded during 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 Performance

The company’s 50-day moving average is $2.25 and its two-hundred day moving average is $2.72.

PT Unilever Indonesia Tbk Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 9th were issued a $0.0517 dividend. The ex-dividend date of this dividend was Monday, December 9th. PT Unilever Indonesia Tbk’s dividend payout ratio (DPR) is currently 73.15%.

PT Unilever Indonesia Tbk Company Profile

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.