UMeWorld (OTCMKTS:UMEWF) Trading Down 12.2% – What’s Next?

UMeWorld Ltd. (OTCMKTS:UMEWFGet 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

(Get Free Report)

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.

Read More

Receive News & Ratings for UMeWorld Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for UMeWorld and related companies with MarketBeat.com's FREE daily email newsletter.