Shares of PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY – Get Free Report) traded down 0.8% during mid-day trading on Thursday. The company traded as low as $6.46 and last traded at $6.53. Approximately 565 shares changed hands during trading, a decline of 81% from the average daily volume of 2,954 shares. The stock had previously closed at $6.58.
PT Adaro Energy Indonesia Tbk Price Performance
The firm’s fifty day moving average is $7.01 and its two-hundred day moving average is $6.87.
About PT Adaro Energy Indonesia Tbk
PT Adaro Energy Indonesia Tbk, now known as PT Alamtri Resources Indonesia Tbk, is an Indonesian natural resources and energy company. Historically, the company operated as Adaro Energy Indonesia and built its business around the integrated production and sale of thermal coal.
The company’s activities have included coal mining, processing, transportation, logistics, marketing and trading. It has also been involved in power generation and supporting infrastructure, including port and hauling operations.
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