PT Perusahaan Gas Negara Tbk (OTCMKTS:PPAAF) Stock Price Up 44.3% – Time to Buy?

PT Perusahaan Gas Negara Tbk (OTCMKTS:PPAAFGet Free Report) shot up 44.3% during trading on Thursday . The company traded as high as $0.13 and last traded at $0.13. 2,920 shares traded hands during trading, a decline of 37% from the average session volume of 4,640 shares. The stock had previously closed at $0.09.

PT Perusahaan Gas Negara Tbk Trading Up 44.3 %

The company has a fifty day moving average of $0.09 and a 200 day moving average of $0.08.

About PT Perusahaan Gas Negara Tbk

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PT Perusahaan Gas Negara Tbk, together with its subsidiaries, engages in the transmission and distribution of natural gas in Indonesia. It operates through three segments: Gas Trading and Transmission, Exploration and Production of Oil and Gas, and Other Operations. The company is involved in the exploration, exploitation, and business development in oil and gas; and trading and transmission of gas, and processing of liquefied natural gas to industrial, commercial and household customers.

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