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

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

PT Unilever Indonesia Tbk Stock Performance

The business has a 50-day moving average of $2.24 and a 200 day moving average of $2.71.

PT Unilever Indonesia Tbk Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 3rd. Stockholders of record on Monday, December 9th were issued a dividend of $0.0517 per share. The ex-dividend date of this dividend was Monday, December 9th. PT Unilever Indonesia Tbk’s payout ratio is 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.