Investors Are Waking Up To Unilever plc ADR (NYSE: UL) After Rising 11.43% Over The Past 12 Months

money audit

Unilever plc ADR (NYSE:UL) currently has a daily average trading volume of 2.93M but it saw 1670413 shares traded in last market. With a market cap of 140.03B USD, the company’s current market price of $56.04 came falling about -0.09 while comparing to the previous closing price of $56.09. In past 52 weeks, the stock remained buoying in the range of price level as high as $56.11 and as low as $46.16.

Taking a look at 20-day trading activity of Unilever plc ADR (UL) gives us an average price of $54.47, while its current price level is -0.12% below from 52-week high level whereas it is 21.40% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $51.42 while that of 200 days or SMA-200 reads an average of $49.53. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.76% during that period while stretching the period over a month that decreases to 0.71%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 73.95 which implies that the stock is in overbought territory.

Morgan Stanley downgraded its recommendation for the stock as a “Underweight” from “Equal-Weight” on February 27, 2024 while assigning a price target range of $52-$48.

Over the week, UL’s stock price is moving 3.68% up while it is 6.42% when we observe its performance for the past one month. Year-to-date it is 15.59% up and over the past year, the stock is showing an upside performance of 11.43%.

Currently, Unilever plc ADR’s total number of outstanding shares is 2.50B. Company’s return on investment (ROI) stands at 15.19% and return on equity (ROE) at 34.81%. It has a price to earnings ratio (P/E ratio) of 20.24 while having a 17.70 of forward P/E ratio. Stock’s beta reads 0.46. Stock has a price to book (P/B) ratio of 7.00 while price to sale or P/S ratio amounts to 2.17. Its return on asset (ROA) is 8.44% on average.