PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Reaches New 12-Month Low – Should You Sell?

Shares of PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $9.19 and last traded at $9.26, with a volume of 12312 shares trading hands. The stock had previously closed at $9.31.

PT Bank Mandiri Persero TBK Stock Performance

The company has a fifty day simple moving average of $10.52 and a two-hundred day simple moving average of $11.37.

PT Bank Mandiri Persero TBK Company Profile

PT Bank Mandiri (Persero) Tbk is one of Indonesia’s largest banking groups, providing a full range of commercial banking services to corporate, commercial, small and medium-sized enterprises (SMEs) and retail customers. The bank was established in 1998 through a government-led consolidation of four state-owned banks as part of efforts to strengthen the financial system during the Asian financial crisis. Since then it has grown into a diversified financial services franchise offering deposit taking, lending, trade finance, payment and cash management, treasury, and wealth-management services.

Bank Mandiri’s product suite spans traditional retail and corporate banking products — including savings and time deposits, consumer and mortgage loans, working capital and project financing — alongside specialized services such as trade and export-import finance, foreign exchange and treasury solutions, card products, and digital banking channels.