PT United Tractors Tbk (OTCMKTS:PUTKF) Shares Down 7.8% – Here’s What Happened

PT United Tractors Tbk (OTCMKTS:PUTKFGet Free Report)’s share price fell 7.8% during trading on Friday . The stock traded as low as $1.6780 and last traded at $1.6780. 200 shares were traded during trading, a decline of 94% from the average session volume of 3,100 shares. The stock had previously closed at $1.82.

PT United Tractors Tbk Price Performance

The company’s 50-day moving average is $1.70 and its two-hundred day moving average is $1.54.

About PT United Tractors Tbk

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PT United Tractors Tbk is one of Indonesia’s leading heavy equipment distributors and mining contractors. Headquartered in Jakarta, the company serves a broad customer base across Southeast Asia, providing a comprehensive range of construction machinery, mining equipment and related aftermarket services. As the exclusive distributor for global brands such as Komatsu, Tadano, Bomag and Scania in Indonesia, United Tractors delivers products spanning hydraulic excavators, wheel loaders, dump trucks, forklifts, cranes and road rollers, complemented by genuine spare parts and technical support.

United Tractors operates through three principal business segments.

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