PT Vale Indonesia Tbk (OTCMKTS:PTNDY) Shares Down 14.8% – Here’s What Happened

PT Vale Indonesia Tbk (OTCMKTS:PTNDYGet Free Report) traded down 14.8% during mid-day trading on Tuesday . The stock traded as low as $11.30 and last traded at $11.30. 1,600 shares were traded during trading, an increase of 73% from the average session volume of 925 shares. The stock had previously closed at $13.26.

PT Vale Indonesia Tbk Stock Down 14.8 %

The stock’s fifty day simple moving average is $12.92 and its 200 day simple moving average is $12.75.

About PT Vale Indonesia Tbk

(Get Free Report)

PT Vale Indonesia Tbk engages in the mining and processing of nickel in Indonesia. It is also involved in the non-iron metal manufacturing industry. The company was formerly known as PT International Nickel Indonesia Tbk and changed its name to PT Vale Indonesia Tbk in September 2011. The company was incorporated in 1968 and is headquartered in Jakarta, Indonesia.

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