Universal Robina Co. (OTCMKTS:UVRBF – Get Free Report) shares traded down 10.9% on Tuesday. The stock traded as low as $0.8999 and last traded at $0.8999. 1,000 shares changed hands during trading, a decline of 38% from the average daily volume of 1,600 shares. The stock had previously closed at $1.01.
Universal Robina Stock Down 10.9%
The stock has a fifty day moving average price of $1.00 and a 200-day moving average price of $1.02.
Institutional Inflows and Outflows
A hedge fund recently bought a new position in Universal Robina stock. Bank of New York Mellon Corp bought a new stake in shares of Universal Robina Co. (OTCMKTS:UVRBF – Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 342,650 shares of the company’s stock, valued at approximately $17,876,000. 17.71% of the stock is owned by institutional investors and hedge funds.
Universal Robina Company Profile
Universal Robina Corporation (OTCMKTS:UVRBF) is a Philippine branded consumer food and beverage company and a subsidiary of JG Summit Holdings. Founded in 1955 as Universal Corn Products, the company has grown from a corn-milling operation into a diversified manufacturer of snacks, biscuits, confectionery, beverages, coffee and other packaged food products.
Universal Robina markets many of its products under well-known brands, including Jack ‘n Jill, Piattos, Chippy, Cloud 9, Nips, Magic Flakes, C2, Great Taste and Blend 45.
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