UMeWorld Limited (OTCMKTS:UMEWF – Get Free Report) shares were up 12.5% during mid-day trading on Monday . The company traded as high as $0.47 and last traded at $0.45. Approximately 2,120 shares traded hands during trading, a decline of 58% from the average daily volume of 5,030 shares. The stock had previously closed at $0.40.
UMeWorld Stock Performance
The business’s 50-day simple moving average is $0.38 and its two-hundred day simple moving average is $0.43.
UMeWorld Company Profile
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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