Universal Entertainment (OTCMKTS:UETMF) Reaches New 52-Week Low - Should You Sell?

Key Points

• Universal Entertainment Corp. reached a new 52-week low with shares trading at $6.37, down from a previous close of $7.25.
• The stock has seen a decline of 12.2% and has a fifty-day moving average price of $7.19.
• Universal Entertainment engages in the manufacture and sale of pachislot and pachinko machines and operates a casino resort in the Philippines, demonstrating its diverse business segments.

Shares of Universal Entertainment Corp. (OTCMKTS:UETMF - ) reached a new 52-week low on Monday . The stock traded as low as $6.37 and last traded at $6.37, with a volume of 2000 shares trading hands. The stock had previously closed at $7.25.

Universal Entertainment Stock Down 12.2%

The company has a fifty day moving average price of $7.19 and a two-hundred day moving average price of $6.99.

Universal Entertainment Company Profile

Universal Entertainment Corporation, together with its subsidiaries, manufactures, develops, and sells pachislot and pachinko machines in Japan, Philippines, and internationally. The company operates in two segments, Amusement Equipment Business, and Integrated Resort Business. The company also develops and provides Falcon X, a peripheral system; Hot Stadium, a digital signage system; Universal Kingdom, a membership website for Android; and Slots Street, a social casino game; as well as operates OKADA MANILA, a casino resort in the Philippines.

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