PT Unilever Indonesia Tbk (OTCMKTS:UNLRY) Trading Down 22.1% – Here’s Why

PT Unilever Indonesia Tbk (OTCMKTS:UNLRYGet Free Report)’s share price was down 22.1% on Tuesday . The stock traded as low as $2.43 and last traded at $2.43. Approximately 290 shares changed hands during mid-day trading, a decline of 42% from the average daily volume of 497 shares. The stock had previously closed at $3.12.

PT Unilever Indonesia Tbk Stock Performance

The firm’s 50-day simple moving average is $3.10 and its two-hundred day simple moving average is $2.52.

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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