PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERF) Trading 9.5% Higher – Still a Buy?

PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERF) rose 9.5% during trading on Wednesday . The company traded as high as $0.44 and last traded at $0.44. Approximately 2,830 shares traded hands during trading, a decline of 38% from the average daily volume of 4,586 shares. The stock had previously closed at $0.40.

PT Bank Mandiri (Persero) Tbk Trading Up 9.5 %

The company has a fifty day moving average of $0.44 and a 200 day moving average of $0.42.

About PT Bank Mandiri (Persero) Tbk

PT Bank Mandiri (Persero) Tbk provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, the United Kingdom, and the Cayman Islands. The company operates through Wholesale and Retail segments. It offers savings and current accounts, time deposits, demand deposits, and foreign currency savings and current accounts; motorcycle loans, mortgage loan, and housing loans, as well as loans for various purposes, such as education, home renovation, marriage, health, and other needs for individuals; and working capital loans, investment loans, people's business loans, syndicated loans, and micro business loans for businesses.