PT Astra International Tbk (OTCMKTS:PTAIY) Trading Up 3.2% – What’s Next?

PT Astra International Tbk (OTCMKTS:PTAIY)’s stock price was up 3.2% on Thursday . The company traded as high as $6.30 and last traded at $6.08. Approximately 81,819 shares changed hands during mid-day trading, an increase of 40% from the average daily volume of 58,491 shares. The stock had previously closed at $5.89.

PT Astra International Tbk Stock Performance

The firm’s 50 day moving average is $6.25 and its 200-day moving average is $6.15.

PT Astra International Tbk Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, November 15th. Shareholders of record on Tuesday, October 15th were paid a dividend of $0.0753 per share. The ex-dividend date of this dividend was Tuesday, October 15th. PT Astra International Tbk’s dividend payout ratio is presently 30.21%.

About PT Astra International Tbk

PT Astra International Tbk, together with its subsidiaries, operates in the automotive, financial services, heavy equipment, mining, construction, energy, agri, infrastructure and logistics, information technology, and property businesses in Indonesia and internationally. It provides cars, trucks, and motorcycles of various brands; manufactures and distributes automotive components for vehicle manufacturer and retail consumers; consultation services to its customers; financing for cars, motorcycles, and heavy equipment; and life, vehicle, and health insurance, as well as other insurance for commercial business.