UMeWorld (OTCMKTS:UMEWF) Stock Price Down 45% – What’s Next?

UMeWorld Limited (OTCMKTS:UMEWFGet Free Report) fell 45% during mid-day trading on Tuesday . The company traded as low as $0.22 and last traded at $0.22. 488 shares were traded during mid-day trading, a decline of 92% from the average session volume of 6,115 shares. The stock had previously closed at $0.40.

UMeWorld Stock Performance

The business’s fifty day moving average price is $0.41 and its two-hundred day moving average price is $0.42.

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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