Unilever plc ADR (NYSE: UL): To Buy Or Not To Buy?

Unilever plc ADR (NYSE:UL) shares, rose in value, with the stock price down by -0.57% to the previous day’s close as strong demand from buyers drove the stock to $48.44.

Actively observing the price movement in the last trading, the stock closed the session at $48.72. The value of beta (5-year monthly) was 0.17 whereas the PE ratio was 17.49 over 12-month period. Referring to stock’s 52-week performance, its high was $55.99, and the low was $46.16. On the whole, UL has fluctuated by -1.18% over the past month.

The company’s Forward Dividend Ratio is 1.86, with its dividend yield at 3.83%.

Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that UL’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium term indicators have put the stock in the category of Hold while long term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the PEG ratio is about 3.36, with the price of UL currently trading nearly -2.03% and -2.18% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.96, while the 7-day volatility ratio is showing 0.84% which for the 30-day chart, stands at 0.79%. Furthermore, Unilever plc ADR (UL)’s beta value is 0.46, and its average true range (ATR) is 0.54.

A comparison of Unilever plc ADR (UL) with its peers suggests the former has fared considerably weaker in the market. UL showed an intraday change of -0.57% in last session, and over the past year, it shrunk by -8.50%%.

Data on historical trading for Unilever plc ADR (NYSE:UL) indicates that the trading volumes over the past 10 days have averaged 2.39 million and over the past 3 months, they’ve averaged 2.71 million. According to company’s latest data on outstanding shares, there are 2.50 billion shares outstanding.

Nearly 0.00% of Unilever plc ADR’s shares belong to company insiders and institutional investors own 9.74% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 2.58 million shares as on Mar 15, 2024, resulting in a short ratio of 0.87. According to the data, the short interest in Unilever plc ADR (UL) stood at 0.08% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 3.19 million. The stock has fallen by -0.08% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the UL stock heading into the next quarter.

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