Universal Music Group (OTCMKTS:UMGNF – Get Free Report)’s stock price was down 0.9% during mid-day trading on Thursday . The stock traded as low as $30.76 and last traded at $31.04. Approximately 1,392 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 10,753 shares. The stock had previously closed at $31.33.
Analyst Ratings Changes
Separately, HSBC upgraded Universal Music Group from a “reduce” rating to a “hold” rating in a research report on Monday, May 20th.
Read Our Latest Analysis on UMGNF
Universal Music Group Stock Performance
Universal Music Group Company Profile
Universal Music Group N.V. operates as a music company worldwide. It operates through Recorded Music, Music Publishing, and Merchandising & Other segments. The Recorded Music segment discovers and develops recording artists, as well as markets and promotes their music across various formats and platforms; and engages in the live events, sponsorship, film, and television operations.
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