Unilever plc ADR (NYSE: UL) 52-Week High Located At $55.99, Forget The Dips, Just Ride The Rips

Unilever plc ADR (NYSE:UL) does about 2.75M shares in volume on a normal day but saw 1200970 shares change hands in Monday’s trading. The company now has a market cap of 124.75B USD. Its current market price is $49.85, marking a decrease of -0.68% compared to the previous close of $50.19. The 52 week high reached by this stock is $55.99 whilst the lowest price level in 52 weeks is $46.16.

Unilever plc ADR (UL) has a 20-day trading average at $49.45 and the current price is -10.96% off the 52-week high compared with 7.99% distance from its 52-week low. The 50-day simple moving average of the closing price is $49.41 and its 200-day simple moving average is $49.65. If we look at the stock’s price movements over the week, volatility stands at 1.06%, which decreases to 0.76% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 53.12 to suggest the stock is neutral.

The consensus objective for the share price is $53.87, suggesting that the stock has a potential upside of 7.46% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on February 27, 2024 when Morgan Stanley downgraded the stock to “Underweight” and issued a price target of between $52 and $48.

Unilever plc ADR (UL) stock is down -0.28% over the week and 1.80% over the past month. Its price is 2.83% year-to-date and -3.49% over the past year.

To reach the target analysts have set, the stock logically needs to grow 7.46 percent from here.

Outstanding shares total 2.50B with insiders holding 0.00% of the shares and institutional holders owning 10.28% of the company’s common stock. The company has a return on investment of 15.19% and return on equity of 34.81%. The price to earnings ratio (P/E ratio) amounts to 18.00 while the forward price to earnings ratio is 15.89. The beta has a value of 0.46. Price to book ratio is 6.23 and price to sales ratio is 1.94.