UMeWorld (OTCMKTS:UMEWF) Shares Up 11.1% – Here’s Why
by Scott Moore · The Cerbat GemUMeWorld Ltd. (OTCMKTS:UMEWF – Get Free Report) rose 11.1% on Thursday . The company traded as high as $0.40 and last traded at $0.40. Approximately 1,000 shares were traded during mid-day trading, The stock had previously closed at $0.36.
UMeWorld Stock Performance
The firm has a 50-day moving average of $0.36 and a 200-day moving average of $0.36.
UMeWorld Company Profile
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.