UMeWorld (OTCMKTS:UMEWF) Stock Price Down 10% – Here’s What Happened

UMeWorld Limited (OTCMKTS:UMEWFGet Free Report)’s share price dropped 10% during trading on Thursday . The stock traded as low as $0.45 and last traded at $0.45. Approximately 1,000 shares changed hands during mid-day trading, an increase of 253% from the average daily volume of 283 shares. The stock had previously closed at $0.50.

UMeWorld Stock Performance

The business’s 50 day moving average price is $0.39 and its 200 day moving average price is $0.39.

About UMeWorld

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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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