United Malt Group Limited (OTCMKTS:UMLGF)’s stock price traded up 1.5% on Tuesday . The company traded as high as $3.35 and last traded at $3.35. 190 shares were traded during trading, a decline of 84% from the average session volume of 1,158 shares. The stock had previously closed at $3.30.
A number of equities analysts have weighed in on the stock. Jefferies Financial Group upgraded shares of United Malt Group from a “hold” rating to a “buy” rating in a research report on Monday, January 18th. Credit Suisse Group upgraded shares of United Malt Group from a “neutral” rating to an “outperform” rating in a research report on Thursday, February 18th.
The stock’s 50-day simple moving average is $3.13 and its two-hundred day simple moving average is $3.09.
United Malt Group Limited processes and supplies malt and craft ingredients to brewers, distillers, and other users in North America, the United Kingdom, Australia, and Asia. The company operates through Processing and Warehouse & Distribution segments. It is also involved in the distribution and sale of malt, hops, yeast, adjuncts and related products to craft brewers.
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