Why Is It Moving? Analyzing The Upward Movement in Unilever's Stock Today

Unilever's Stock Price And Volume Action

Unilever's UL stock has been rising Thursday, up 3.5% to a price of $58.73. The stock's current volume for the day is 832.47 thousand, which is approximately 44.9% of its previous 30-day average volume of 1.85 million.

Why It's Moving

Benzinga Pro's real-time breaking news service shows some insight into what is affecting shares: Unilever shares are trading higher after the company reported Q1 earnings results. The company also announced it will resume a €3 billion buyback program starting in May 2021.

Further Analysis of Recent Price Action

The moving average price of the stock over the past 50 days was $55.65 at the time this article was published. In the past fifty-two weeks, the stock price has been as high as $63.89 and as low as $49.75.

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