PT United Tractors Tbk (OTCMKTS:PUTKF) Shares Up 9.8% – Here’s Why

PT United Tractors Tbk (OTCMKTS:PUTKFGet Free Report)’s stock price was up 9.8% on Wednesday . The stock traded as high as $1.80 and last traded at $1.80. Approximately 2,096 shares changed hands during trading, a decline of 82% from the average daily volume of 11,750 shares. The stock had previously closed at $1.64.

PT United Tractors Tbk Stock Performance

The company has a 50-day simple moving average of $1.26 and a two-hundred day simple moving average of $1.29.

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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