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PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY – Get Free Report) dropped 20.4% during mid-day trading on Monday . The stock traded as low as $1.8704 and last traded at $1.8704. Approximately 444 shares were traded during trading, a decline of 13% from the average daily volume of 511 shares. The stock had previously closed at $2.35.
PT Semen Indonesia (Persero) Tbk Stock Performance
The company’s 50-day moving average is $2.64 and its 200-day moving average is $2.99.
About PT Semen Indonesia (Persero) Tbk
PT Semen Indonesia (Persero) Tbk is Indonesia’s first cement producer, founded in 1957 as NV Semen Gresik and later converted into a state-owned perseroan terbatas under the Ministry of State-Owned Enterprises. The company operates as an integrated building materials group, manufacturing a diverse range of cement products, including ordinary Portland cement, composite cement and specialty cement grades designed for various construction applications.
Headquartered in Gresik, East Java, PT Semen Indonesia maintains production facilities across multiple regions in Indonesia.
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