UMeWorld (OTCMKTS:UMEWF) Shares Down 10% – Should You Sell?

UMeWorld Limited (OTCMKTS:UMEWFGet Free Report)’s share price fell 10% during mid-day trading on Wednesday . The company traded as low as $0.36 and last traded at $0.36. 8,100 shares were traded during mid-day trading, an increase of 40% from the average session volume of 5,793 shares. The stock had previously closed at $0.40.

UMeWorld Price Performance

The stock’s fifty day simple moving average is $0.37 and its 200-day simple moving average is $0.40.

About UMeWorld

(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.

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