Unilever PLC stock trades under the ticker UL & has shown recent bullishness that traders & investors should take a closer look into.
UL stock closed at $48.33/share on 5/31/2022.
Unilever PLC UL Stock’s Technical Performance Broken Down
UL Stock Price: $48.33
10 Day Moving Average: $44.53
50 Day Moving Average: $44.89
200 Day Moving Average: $49.66
RSI: 66.23
MACD: -0.192
UL stock recently completed a bullish MACD crossover, and has been trading on above average volume in the last few months, compared to the year prior.
Yesterday’s 9.89% gap up brought their RSI to be much closer to overbought than it was the day before, and their 10 day moving average is <1% from their 50 day MA, signaling more bullish momentum to come in the near-term as they establish a new price range.
They will have to break above the $49.36 & $50.50/share resistance levels as it continues to climb higher.
Unilever PLC UL Stock As A Long-Term Investment
Long-term oriented investors will like UL stock’s P/E (ttm) of 18.25, but may find their P/B (mrq) of 6.33 to be a bit rich.
They recently reported 6.6% Quarterly Revenue Growth Y-o-Y, with 27.5% Quarterly Earnings Growth Y-o-Y.
Their balance sheet is worth taking a closer look into before making an investment, with $4.86B of Total Cash (mrq) & $30.13B in Total Debt (mrq).
UL stock pays a 3.95% dividend yield, which may become unstable over time, as their payout ratio is 73.44%.
9.55% of UL stock’s outstanding share float is owned by institutional investors.
Unilever PLC UL Stock As A Short-Term Trade Using Options
Short-term oriented traders can trade options to profit from UL stock’s price movements, while providing protection against losses.
I am looking at the contracts with the 6/17 expiration date.
The $47.50, $45 & $42.50 call options all look appealing, although the $42.50 strike is relatively illiquid compared to the other two.
The $55, $52.50 & $50 puts also look interesting, but are extremely illiquid with <300 contracts of open interest between the 3 strike prices.
Tying It All Together
UL stock has many interesting characteristics that traders & investors should find appealing.
Investors will like their dividend yield, although they may want to look closer into their balance sheet structure to see how their payout ratio may be impacted in the mid-to-long term.
Short-term traders will like UL stock’s current momentum, but will be disappointed by some of the open interest levels of some of their strike prices.
All-in-all, UL stock is worth taking a closer look into, to see how it fits into your portfolio strategy.
*** I DO NOT OWN SHARES OF UL STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***