United Malt Group (OTCMKTS:UMLGF) Rating Lowered to Hold at Jefferies Financial Group

Jefferies Financial Group lowered shares of United Malt Group (OTCMKTS:UMLGF) from a buy rating to a hold rating in a research note released on Thursday morning, The Fly reports.

Shares of OTCMKTS:UMLGF opened at $3.19 on Thursday. The business’s fifty day moving average is $2.97. United Malt Group has a 52-week low of $2.50 and a 52-week high of $3.26.

About United Malt Group

United Malt Group Limited operates as a commercial maltster in North America, Australia, Asia, Europe, and internationally. The company engages in the production and sale of malt to major brewers, craft brewers, distillers, and food companies. It is also involved in the distribution and sale of bagged malt, hops, yeast, adjuncts and related products to craft brewers.

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