PT United Tractors Tbk (OTCMKTS:PUTKF) Trading Down 11% – Here’s What Happened

PT United Tractors Tbk (OTCMKTS:PUTKFGet Free Report)’s share price was down 11% on Tuesday . The company traded as low as $1.54 and last traded at $1.54. Approximately 100 shares changed hands during trading, a decline of 98% from the average daily volume of 5,619 shares. The stock had previously closed at $1.73.

PT United Tractors Tbk Price Performance

The company has a 50-day moving average price of $1.58 and a two-hundred day moving average price of $1.37.

About PT United Tractors Tbk

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PT United Tractors Tbk, together with its subsidiaries, sells and rents heavy equipment in Indonesia. The company operates through six segments: Construction Machinery, Mining Contracting, Coal Mining, Gold and Other Mineral Mining, Construction Industry, and Energy. It also distributes heavy equipment, trucks, cranes, and busses under the Komatsu, UD Trucks, Scania, Bomag, Tadano, and United Tractors names to mining, agriculture, constructions, forestry, as well as material handling and transportation.

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