PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Shares Gap Up – Still a Buy?

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY)’s share price gapped up before the market opened on Wednesday. The stock had previously closed at $9.10, but opened at $9.38. PT Bank Mandiri Persero TBK shares last traded at $9.1399, with a volume of 10,685 shares.

PT Bank Mandiri Persero TBK Stock Down 0.2%

The company’s fifty day moving average price is $9.43 and its two-hundred day moving average price is $9.71.

PT Bank Mandiri Persero TBK Company Profile

PT Bank Mandiri (Persero) Tbk is an Indonesian state-owned banking group headquartered in Jakarta. Established in 1998 through the merger of four Indonesian state-owned banks—Bank Bumi Daya, Bank Dagang Negara, Bank Ekspor Impor Indonesia and Bank Pembangunan Indonesia—the company has developed into one of Indonesia’s largest financial institutions.

Bank Mandiri provides a broad range of banking and financial services to retail customers, small and medium-sized enterprises, commercial businesses, large corporations and government-related entities.