UMeWorld (OTCMKTS:UMEWF) Stock Price Down 4.4% – Should You Sell?

Shares of UMeWorld Limited (OTCMKTS:UMEWFGet Free Report) were down 4.4% during trading on Monday . The stock traded as low as $0.43 and last traded at $0.43. Approximately 4,900 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 5,300 shares. The stock had previously closed at $0.45.

UMeWorld Price Performance

The firm has a 50-day moving average of $0.39 and a 200 day moving average of $0.43.

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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