Universal Music Group (OTCMKTS:UNVGY – Get Free Report)’s share price rose 0.8% during trading on Wednesday . The stock traded as high as $13.09 and last traded at $12.95. Approximately 237,598 shares changed hands during mid-day trading, a decline of 24% from the average daily volume of 310,771 shares. The stock had previously closed at $12.8435.
Universal Music Group Stock Performance
The firm’s fifty day moving average price is $12.95 and its two-hundred day moving average price is $14.15.
Universal Music Group Company Profile
Universal Music Group (OTCMKTS: UNVGY) is a leading global music company that operates across the recorded music, music publishing, and merchandising sectors. The company signs, develops, and manages artists and songwriters, producing and distributing sound recordings and music videos. It holds a diverse catalogue spanning all major genres, representing both established superstars and emerging talent through renowned labels such as Interscope Geffen A&M, Capitol Music Group, Def Jam Recordings and Decca Records.
In its recorded music division, Universal Music Group collaborates with artists to create and market new releases, overseeing physical and digital distribution, licensing, and promotional activities.
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