Jutal Offshore Oil Services (OTCMKTS:JUTOY) Stock Price Down 12.8% – Here’s Why

Jutal Offshore Oil Services Ltd. (OTCMKTS:JUTOYGet Free Report) dropped 12.8% during trading on Monday . The company traded as low as $17.00 and last traded at $17.00. Approximately 100 shares were traded during trading, an increase of 67% from the average daily volume of 60 shares. The stock had previously closed at $19.50.

Jutal Offshore Oil Services Price Performance

The business’s 50 day simple moving average is $17.53 and its 200 day simple moving average is $17.54. The company has a quick ratio of 2.40, a current ratio of 2.54 and a debt-to-equity ratio of 0.05.

About Jutal Offshore Oil Services

(Get Free Report)

Jutal Offshore Oil Services Limited, an investment holding company, engages in the fabrication of facilities and provision of integrated services for oil and gas, new energy, and refining and chemical industries. The company engages in the construction of large-scale modules, such as onshore LNG modules, modular plants, offshore platform upper modules, and FPSO/FLNG modules, as well as shop design, material procurement, structural prefabrication, machining, painting, assembly, machinery and equipment installation, pre-commissioning, load-out and transportation, and other activities; and undertakes projects in oil and gas process modules, petrochemical equipment, and undersea business.

Further Reading

Receive News & Ratings for Jutal Offshore Oil Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Jutal Offshore Oil Services and related companies with MarketBeat.com's FREE daily email newsletter.