PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) Shares Down 9.1% – Time to Sell?

PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) fell 9.1% on Wednesday . The company traded as low as $3.11 and last traded at $3.11. 1,065 shares traded hands during trading, an increase of 1% from the average session volume of 1,050 shares. The stock had previously closed at $3.42.

PT Semen Indonesia (Persero) Tbk Trading Down 9.1%

The firm has a fifty day moving average of $3.24 and a 200 day moving average of $3.09.

PT Semen Indonesia (Persero) Tbk Company Profile

PT Semen Indonesia (Persero) Tbk is Indonesia’s first cement producer, founded in 1957 as NV Semen Gresik and later converted into a state-owned perseroan terbatas under the Ministry of State-Owned Enterprises. The company operates as an integrated building materials group, manufacturing a diverse range of cement products, including ordinary Portland cement, composite cement and specialty cement grades designed for various construction applications.

Headquartered in Gresik, East Java, PT Semen Indonesia maintains production facilities across multiple regions in Indonesia.