UMeWorld (OTCMKTS:UMEWF) Trading Up 22.5% – Still a Buy?

UMeWorld Limited (OTCMKTS:UMEWFGet Free Report)’s stock price was up 22.5% during trading on Thursday . The stock traded as high as $0.49 and last traded at $0.49. Approximately 400 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 5,767 shares. The stock had previously closed at $0.40.

UMeWorld Price Performance

The firm has a 50-day simple moving average of $0.36 and a 200 day simple moving average of $0.39.

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.

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