UMeWorld Limited (OTCMKTS:UMEWF – Get Free Report) dropped 45% during trading on Tuesday . The stock traded as low as $0.22 and last traded at $0.22. Approximately 488 shares changed hands during trading, a decline of 92% from the average daily volume of 6,115 shares. The stock had previously closed at $0.40.
UMeWorld Price Performance
The firm’s 50 day moving average price is $0.41 and its two-hundred day moving average price is $0.42.
About UMeWorld
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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