UMeWorld Ltd. (OTCMKTS:UMEWF – Get Free Report) shares were down 12.2% on Monday . The stock traded as low as $0.36 and last traded at $0.36. Approximately 400 shares were traded during mid-day trading, a decline of 67% from the average daily volume of 1,215 shares. The stock had previously closed at $0.41.
UMeWorld Price Performance
The stock’s 50 day simple moving average is $0.40 and its two-hundred day simple moving average is $0.33.
UMeWorld Company Profile
UMeWorld Limited, an integrated edible oil company, engages in the production of diacylglycerol) oil, palm oil, and oil palm derivative products. The company was formerly known as AlphaRx, Inc and changed its name to UMeWorld Limited in March 2013. UMeWorld Limited was incorporated in 1997 and is based in Miami, Florida.
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