PT United Tractors Tbk (OTCMKTS:PUTKY) Trading 0.5% Higher – Here’s What Happened

PT United Tractors Tbk (OTCMKTS:PUTKY)’s stock price was up 0.5% during trading on Friday . The company traded as high as $34.68 and last traded at $33.07. Approximately 6,190 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 11,843 shares. The stock had previously closed at $32.90.

PT United Tractors Tbk Price Performance

The stock’s 50 day moving average price is $34.72 and its 200 day moving average price is $31.59.

PT United Tractors Tbk Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, November 8th. Investors of record on Wednesday, October 9th were given a dividend of $0.6561 per share. The ex-dividend date of this dividend was Wednesday, October 9th. PT United Tractors Tbk’s payout ratio is presently 0.00%.

PT United Tractors Tbk Company Profile

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.