PT Unilever Indonesia Tbk (OTCMKTS:UNLRY) Shares Down 14.7% – Here’s Why

PT Unilever Indonesia Tbk (OTCMKTS:UNLRYGet Free Report)’s share price dropped 14.7% on Friday . The stock traded as low as $2.13 and last traded at $2.27. Approximately 10,400 shares traded hands during trading, an increase of 69% from the average daily volume of 6,170 shares. The stock had previously closed at $2.66.

PT Unilever Indonesia Tbk Price Performance

The stock’s 50 day moving average is $2.73 and its two-hundred day moving average is $2.65.

PT Unilever Indonesia Tbk Company Profile

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PT Unilever Indonesia Tbk is one of the leading consumer goods companies in Indonesia, offering a wide range of products across home care, personal care, and food and refreshment categories. Established in the early 1930s, the company has grown from a small import business to a major manufacturer with multiple production facilities and a nationwide distribution network.

In the personal care segment, Unilever Indonesia’s portfolio includes well-known brands such as Lifebuoy, Dove, Sunsilk and Pepsodent.

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