Universal Robina (OTCMKTS:UVRBF) Trading Up 12.4% – What’s Next?

Universal Robina Co. (OTCMKTS:UVRBFGet Free Report) was up 12.4% during mid-day trading on Wednesday . The company traded as high as $1.18 and last traded at $1.18. Approximately 4,600 shares changed hands during trading, an increase of 10% from the average daily volume of 4,200 shares. The stock had previously closed at $1.05.

Universal Robina Price Performance

The company has a 50-day moving average of $1.03 and a 200-day moving average of $1.28.

About Universal Robina

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Universal Robina Corporation (OTCMKTS:UVRBF) is a leading branded consumer food and beverage company in the Philippines. Founded by John Gokongwei Jr. in 1954 as a cornstarch manufacturer, the company has since evolved into one of Southeast Asia’s largest snack food producers. Over the decades, it has diversified its product portfolio to include biscuits, confectionery, and savory snacks marketed primarily under its Jack ‘n Jill brand.

In addition to its core snack business, Universal Robina has developed a robust beverage segment offering roasted coffee products and powdered mixes through its Great Taste and Blend45 labels.

Further Reading

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