UTime Stock Scheduled to Reverse Split on Wednesday, September 11th (NASDAQ:WTO)

UTime Limited (NASDAQ:WTO) shares are set to reverse split before the market opens on Wednesday, September 11th. The 1-25 reverse split was announced on Monday, September 9th. The number of shares owned by shareholders will be adjusted after the closing bell on Tuesday, September 10th.

UTime Stock Down 27.9 %

Shares of NASDAQ:WTO traded down $0.02 during mid-day trading on Monday, hitting $0.05. The stock had a trading volume of 252,744,607 shares, compared to its average volume of 16,829,764. UTime has a 12-month low of $0.05 and a 12-month high of $2.49. The company’s 50 day moving average is $1.04 and its 200-day moving average is $0.59.

About UTime

UTime Limited, together with its subsidiaries, designs, develops, manufactures, sells, and operates mobile phones, accessories, and related consumer electronics. The company offers consumer electronics, such as power banks, bluetooth speakers, batteries, chargers, cell phone parts, molds, and shells.