On Tuesday, One World Universe Inc (OTCMKTS:OWUV) had come into focus among investors and the company’s stock emerged as one of the notable gainers as it ended the day with gains of as much as 4%. In light of the gains made by the stock yesterday, it may well come into focus among investors this morning. Hence, it may be a good idea for investors to take a look at some of the latest developments with regard to One World Universe and also to look into the operations of the company.
Trading Data
On Wednesday, OWUV stock increased 3.67% to $0.0435 with 1.33 million shares, compared to its average volume of 917K shares. The stock moved within a range of $0.0401 – 0.0480 after opening trade at $0.0440.
About One World Universe
The company is based out of California and is involved in delivering humanitarian efforts on a global scale. The efforts are funded by the company through the sales of services and products that are aimed at making the lives of people, living in the harshest environments, better. In recent times, One World Universe has been responsible for supplying PPE kits, vaccines, medical equipment, and educational support in these areas.
One World Universe Inc. Deposits $1,000,000 in Our Lending Company
On Wednesday, the company had come into focus among investors after it announced that it had been successful in funding its lending company Ameritrust Mortgage Corporation. The company noted that the demand for home ownership is already on the rise and hence, the need for the availability of reputed lenders has also gone up. As a result, One World Universe announced that it had formed a new entity named B & D Capital Holding for the purpose of its lending institution Ameritrust Mortgage Corporation.
The company announced that it had been successful in funding the first stage through the injection of as much as $1000000. The money is going to be used to provide those who want to be homeowners with fresh loans.
The company went on to add in its press release yesterday that it was excited at the prospects of the new venture. However, at the same time, it was still on the lookout for fresh business opportunities which could provide value to the shareholders of One World Universe. It goes without saying that the latest development could well prove to be a significant one for One World Universe as it makes it move into the real estate lending industry. It now remains to be seen how the whole thing progresses over the course of the coming months.
One World Universe Inc. Adds Caren Currier to One World Universe Board of Directors
While the latest announcement is expected to bring One World Universe to the radar of investors, it should be noted that back in April the company had been in the news after it made a new addition to its board of directors.
On April 29, the company announced that it had added Caren Currier to its board of directors. Currier had been an employee of One World Universe and had been a distinguished member of the company’s workforce thanks to her work ethic. It was an important appointment from One World Universe and may have been a source of excitement for investors back in April. It may be a good idea to add the One World Universe stock to your watch lists.
Technical Data
OWUV stock is trading above the 20-Day and 50-Day Moving averages of $0.0274 and $0.0261 respectively. However, the stock is trading below the 200-Day moving average of $0.0997. The company has a total market capitalization of $7.48 million. The stock is up 107% over the past month.
