Previous close | 62.40 |
Open | 62.81 |
Bid | 62.85 x 1200 |
Ask | 62.86 x 800 |
Day's range | 62.73 - 62.97 |
52-week range | 46.16 - 65.87 |
Volume | |
Avg. volume | 2,573,276 |
Market cap | 157.308B |
Beta (5Y monthly) | 0.22 |
PE ratio (TTM) | 21.75 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.85 (2.96%) |
Ex-dividend date | 09 Aug 2024 |
1y target est | N/A |
Unilever has sold its Russian assets to a billionaire businessman known as the “hairspray king” for a reported €520m (£430m) after the consumer goods giant was branded a “sponsor of war” by campaigners.
Unilever (UL) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.
Unilever is spending over 150 million euros ($165 million) to revamp its European homecare business' supply chain, a senior executive told Reuters, aiming to make up for years of underperformance and tap into young, post-pandemic shoppers. Unilever's European homecare business, whose brands include Persil and Omo detergent, and Comfort fabric conditioner, plans to make improvements including building factories and adding warehouses and new production lines to existing facilities. The news comes months after the consumer goods giant was reported to be cutting a third of all office roles in Europe by the end of 2025 as a part of a push by CEO Hein Schumacher to revive growth.