PT United Tractors Tbk (OTCMKTS:PUTKY) Trading Up 7.2% – Here’s What Happened

PT United Tractors Tbk (OTCMKTS:PUTKYGet Free Report) was up 7.2% on Wednesday . The company traded as high as $32.94 and last traded at $32.49. Approximately 6,522 shares changed hands during mid-day trading, a decline of 34% from the average daily volume of 9,926 shares. The stock had previously closed at $30.30.

PT United Tractors Tbk Price Performance

The business’s 50-day moving average price is $31.78 and its two-hundred day moving average price is $33.44.

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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