Unilever NV (UN) has been under a strong bear grip, hence the stock is down -0.57% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.08% in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 2.13% in the last 1 week, and is up 0.45% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.
The stock has recorded a 20-day Moving Average of 1.88% and the 50-Day Moving Average is 2.76%. Unilever NV (NYSE:UN): On Fridays trading session , Opening price of the stock was $46.52 with an intraday high of $46.65. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $46.37. However, the stock managed to close at $46.49, a loss of 0.24% for the day. On the previous day, the stock had closed at $46.6. The total traded volume of the day was 966,031 shares.
Institutional Investors own 6.23% of Unilever NV shares. Also, RBC Capital downgrades their rating on the shares of Unilever NV (NYSE:UN). The current rating of the shares is Sector Perform. Earlier, the shares were rated a Outperform by the brokerage firm. The rating by the firm was issued on July 22, 2016.
Unilever NV is a fast moving consumer goods (FMCG) company based in the Netherlands. Its portfolio has four categories: Personal Care, Foods, Refreshment and Home Care. The Company manufactures most of its products and maintains an international network of 240 manufacturing sites. Its business is organized across three geographies: Americas; Europe, and markets comprising Asia, Australasia, Africa, Middle East, Turkey, Russia, Ukraine and Belarus. Personal Care focuses on the e-commerce channel and specialist drug stores. Its Foods category includes the meat snacks business under the Bifi and Peperami brands in Europe and also brands, such as Hellmanns, Knorr, Royco, Bango, Becel and Flora Pro.activ, among others. The Refreshment category includes ice cream brands, such as Walls, Magnum, Cornetto, Grom and Ben & Jerrys, and tea brands, such as Lipton, Brooke Bond and PG tips. The Home Care categorys products brands include Omo, Surf, Lifebuoy, Comfort and Domestos, among others.