Shares of Universal Robina Co. (OTCMKTS:UVRBF – Get Free Report) dropped 16% on Wednesday . The stock traded as low as $1.10 and last traded at $1.10. Approximately 100 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 1,529 shares. The stock had previously closed at $1.31.
Universal Robina Stock Performance
The stock’s fifty day moving average is $1.04 and its two-hundred day moving average is $1.34.
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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