UMeWorld (OTCMKTS:UMEWF) Stock Price Up 22.5% – Here’s Why

Shares of UMeWorld Limited (OTCMKTS:UMEWFGet Free Report) traded up 22.5% during trading on Thursday . The company traded as high as $0.49 and last traded at $0.49. 400 shares were traded during trading, a decline of 93% from the average session volume of 5,767 shares. The stock had previously closed at $0.40.

UMeWorld Trading Up 22.5 %

The firm’s 50-day simple moving average is $0.36 and its two-hundred day simple moving average is $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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