UMeWorld (OTCMKTS:UMEWF) Stock Price Down 12.2% – Time to Sell?

UMeWorld Ltd. (OTCMKTS:UMEWFGet Free Report)’s stock price traded down 12.2% during mid-day trading on Monday . The stock traded as low as $0.36 and last traded at $0.36. 400 shares traded hands during trading, a decline of 67% from the average session volume of 1,215 shares. The stock had previously closed at $0.41.

UMeWorld Stock Down 12.2%

The stock has a 50 day moving average price of $0.40 and a 200 day moving average price of $0.32.

UMeWorld Company Profile

(Get Free Report)

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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