Universal Music Group (OTCMKTS:UMGNF) Stock Price Down 0.1% – Here’s Why

Universal Music Group (OTCMKTS:UMGNFGet Free Report)’s stock price was down 0.1% during mid-day trading on Tuesday . The stock traded as low as $27.62 and last traded at $27.79. Approximately 14,793 shares changed hands during mid-day trading, a decline of 17% from the average daily volume of 17,893 shares. The stock had previously closed at $27.81.

Universal Music Group Stock Performance

The business has a 50 day moving average of $28.07 and a 200 day moving average of $26.25.

About Universal Music Group

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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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