PT United Tractors Tbk (OTCMKTS:PUTKY – Get Free Report) rose 1% on Wednesday . The stock traded as high as $25.4999 and last traded at $24.6350. Approximately 27,817 shares changed hands during mid-day trading, an increase of 48% from the average daily volume of 18,799 shares. The stock had previously closed at $24.38.
PT United Tractors Tbk Price Performance
The firm has a 50-day moving average price of $32.33 and a two-hundred day moving average price of $34.19.
PT United Tractors Tbk Company Profile
PT United Tractors Tbk (OTCMKTS:PUTKY) is one of Indonesia’s leading heavy equipment distributors and mining contractors. Established in 1972 and headquartered in Jakarta, the company operates as a core subsidiary of the Astra International group. United Tractors’ primary activities encompass the distribution and sales of a wide range of construction and mining machinery, including Komatsu-branded excavators, bulldozers and haul trucks, as well as other reputable global equipment brands.
In addition to equipment sales, United Tractors has developed a substantial mining services division through its subsidiary PT Pamapersada Nusantara, which provides contract mining solutions for coal and mineral extraction projects across Indonesia.
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