PT Unilever Indonesia Tbk (OTCMKTS:UNLRY) Trading Down 5.6% – Time to Sell?

Shares of PT Unilever Indonesia Tbk (OTCMKTS:UNLRYGet Free Report) dropped 5.6% during trading on Wednesday . The stock traded as low as $2.85 and last traded at $2.89. Approximately 400 shares were traded during trading, a decline of 98% from the average daily volume of 19,251 shares. The stock had previously closed at $3.06.

PT Unilever Indonesia Tbk Trading Down 5.6%

The company’s 50-day simple moving average is $2.31 and its 200 day simple moving average is $2.09.

About PT Unilever Indonesia Tbk

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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.

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