Universal Robina (OTCMKTS:UVRBF) Trading Down 20% – What’s Next?

Universal Robina Co. (OTCMKTS:UVRBFGet Free Report)’s stock price dropped 20% on Monday . The stock traded as low as $1.0001 and last traded at $1.0001. Approximately 5,000 shares traded hands during trading, an increase of 22% from the average daily volume of 4,100 shares. The stock had previously closed at $1.25.

Universal Robina Stock Down 20.0%

The stock has a fifty day simple moving average of $1.10 and a 200-day simple moving average of $1.39.

About Universal Robina

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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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