Universal Robina Co. (OTCMKTS:UVRBF – Get Free Report) dropped 15% during mid-day trading on Wednesday . The stock traded as low as $1.70 and last traded at $1.70. Approximately 1,600 shares traded hands during mid-day trading, a decline of 8% from the average daily volume of 1,733 shares. The stock had previously closed at $2.00.
Universal Robina Price Performance
The company’s 50 day moving average price is $1.84 and its 200-day moving average price is $1.99.
About Universal Robina
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.
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