Universal Music Group (OTCMKTS:UNVGY – Get Free Report)’s share price shot up 0.4% on Monday. The company traded as high as $9.56 and last traded at $9.53. Approximately 911,093 shares changed hands during mid-day trading, an increase of 12% from the average session volume of 812,564 shares. The stock had previously closed at $9.49.
Universal Music Group Stock Performance
The company’s fifty day moving average is $8.54 and its 200-day moving average is $10.14.
About Universal Music Group
Universal Music Group N.V. (OTCMKTS:UNVGY) is a global music-based entertainment company headquartered in Hilversum, the Netherlands. Its principal activities include recorded music, music publishing, artist services, merchandising and brand management, and audiovisual content.
Through a broad portfolio of labels and businesses, Universal Music Group discovers, develops, records, markets and distributes music across physical, digital and streaming channels. Its recorded-music operations include labels such as Republic Records, Capitol Music Group, Island Records, Interscope Geffen A&M, Def Jam Recordings and Universal Music Group Nashville.
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