Universal Robina (OTCMKTS:UVRBF) Trading Up 1% – Here’s Why

Universal Robina Co. (OTCMKTS:UVRBF) was up 1% on Monday . The company traded as high as $1.01 and last traded at $1.01. Approximately 100 shares traded hands during mid-day trading, a decline of 98% from the average daily volume of 4,200 shares. The stock had previously closed at $1.0001.

Universal Robina Trading Up 1.0%

The business has a fifty day simple moving average of $1.18 and a 200 day simple moving average of $1.13.

Universal Robina Company Profile

Universal Robina Corporation (OTCMKTS:UVRBF) is a leading branded consumer food and beverage company in the Philippines. Founded by John Gokongwei Jr. in 1954 as a cornstarch manufacturer, the company has since evolved into one of Southeast Asia’s largest snack food producers. Over the decades, it has diversified its product portfolio to include biscuits, confectionery, and savory snacks marketed primarily under its Jack ‘n Jill brand.

In addition to its core snack business, Universal Robina has developed a robust beverage segment offering roasted coffee products and powdered mixes through its Great Taste and Blend45 labels.