UMeWorld (OTCMKTS:UMEWF) Shares Down 20%

UMeWorld Limited (OTCMKTS:UMEWFGet Free Report) was down 20% on Tuesday . The stock traded as low as $0.40 and last traded at $0.40. Approximately 5,000 shares changed hands during mid-day trading, an increase of 2,499,900% from the average daily volume of 0 shares. The stock had previously closed at $0.50.

UMeWorld Price Performance

The firm has a 50-day moving average price of $0.49 and a 200-day moving average price of $0.49.

UMeWorld Company Profile

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UMeWorld Limited, together with its subsidiaries, operates as an educational technology company with a focus on the K-12 education market in China. It offers UMFun, an online learning and assessment platform used by teachers and students. The company engages in the marketing and selling of cooking oils and nutritional supplements.

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