UMeWorld (OTCMKTS:UMEWF) Shares Up 14.3%

Shares of UMeWorld Limited (OTCMKTS:UMEWFGet Free Report) shot up 14.3% during mid-day trading on Friday . The company traded as high as $0.40 and last traded at $0.40. 3,004 shares traded hands during mid-day trading, a decline of 42% from the average session volume of 5,175 shares. The stock had previously closed at $0.35.

UMeWorld Price Performance

The company’s 50 day simple moving average is $0.38 and its 200 day simple moving average is $0.44.

About UMeWorld

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UMeWorld Limited, together with its subsidiaries, operates as an educational technology company with a focus on the K-12 education market in China. It offers UMFun, an online learning and assessment platform used by teachers and students. The company engages in the marketing and selling of cooking oils and nutritional supplements.

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