PT United Tractors Tbk (OTCMKTS:PUTKF) Shares Down 7.8% – Here’s What Happened

PT United Tractors Tbk (OTCMKTS:PUTKFGet Free Report) shares were down 7.8% during trading on Friday . The stock traded as low as $1.6780 and last traded at $1.6780. Approximately 200 shares were traded during mid-day trading, a decline of 94% from the average daily volume of 3,100 shares. The stock had previously closed at $1.82.

PT United Tractors Tbk Price Performance

The firm’s 50-day simple moving average is $1.70 and its two-hundred day simple moving average is $1.54.

About PT United Tractors Tbk

(Get Free Report)

PT United Tractors Tbk is one of Indonesia’s leading heavy equipment distributors and mining contractors. Headquartered in Jakarta, the company serves a broad customer base across Southeast Asia, providing a comprehensive range of construction machinery, mining equipment and related aftermarket services. As the exclusive distributor for global brands such as Komatsu, Tadano, Bomag and Scania in Indonesia, United Tractors delivers products spanning hydraulic excavators, wheel loaders, dump trucks, forklifts, cranes and road rollers, complemented by genuine spare parts and technical support.

United Tractors operates through three principal business segments.

Further Reading

Receive News & Ratings for PT United Tractors Tbk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PT United Tractors Tbk and related companies with MarketBeat.com's FREE daily email newsletter.