UMeWorld (OTCMKTS:UMEWF) Trading Down 10% – Time to Sell?

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

UMeWorld Price Performance

The firm has a 50-day moving average price of $0.39 and a two-hundred day moving average price of $0.39.

UMeWorld Company Profile

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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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