Shares of Universal Music Group (OTCMKTS:UNVGY – Get Free Report) were up 0.6% on Wednesday . The stock traded as high as $14.06 and last traded at $14.05. Approximately 105,211 shares were traded during mid-day trading, a decline of 48% from the average daily volume of 202,544 shares. The stock had previously closed at $13.96.
Universal Music Group Price Performance
The firm’s 50 day simple moving average is $12.78 and its 200-day simple moving average is $12.67.
Universal Music Group Company Profile
Universal Music Group N.V. operates as a music company worldwide. It operates through Recorded Music, Music Publishing, and Merchandising & Other segments. The Recorded Music segment discovers and develops recording artists, as well as markets and promotes their music across various formats and platforms; and engages in the live events, sponsorship, film, and television operations.
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