Universal Robina (OTCMKTS:UVRBF) Shares Down 16% – Here’s What Happened

Universal Robina Co. (OTCMKTS:UVRBFGet Free Report) shares fell 16% on Wednesday . The company traded as low as $1.10 and last traded at $1.10. 100 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 1,529 shares. The stock had previously closed at $1.31.

Universal Robina Stock Performance

The company’s 50 day moving average price is $1.04 and its 200-day moving average price is $1.34.

About Universal Robina

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Universal Robina Corporation operates as a branded food product company in the Philippines and internationally. It operates through Branded Consumer Foods, and Agro-Industrial and Commodity Food Products segments. The Branded Consumer Foods segment manufactures and distributes a range of salty snacks, chocolates, candies, biscuits, bakery products, beverages, instant noodles, and pasta, as well as ready-to-drink tea products.

Further Reading

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