PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) Trading Down 2.3% – Time to Sell?

PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOYGet Free Report) shares traded down 2.3% during mid-day trading on Friday . The stock traded as low as $5.40 and last traded at $5.40. 2,196 shares were traded during trading, a decline of 61% from the average session volume of 5,657 shares. The stock had previously closed at $5.53.

PT Adaro Energy Indonesia Tbk Trading Down 2.3 %

The firm has a 50-day moving average of $6.69 and a 200-day moving average of $9.94.

PT Adaro Energy Indonesia Tbk Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, January 30th. Investors of record on Monday, January 13th were given a dividend of $0.3294 per share. The ex-dividend date of this dividend was Monday, January 13th. PT Adaro Energy Indonesia Tbk’s payout ratio is 40.19%.

PT Adaro Energy Indonesia Tbk Company Profile

(Get Free Report)

PT Adaro Energy Indonesia Tbk, together with its subsidiaries, engages in coal and mining business in Indonesia. It operates through Coal Mining and Trading; Mining Services; Logistics; and Others segments. The company provides trading, transportation, warehousing, quarrying, cargo handling, and mining and transportation support services.

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