PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY – Get Free Report)’s share price dropped 0.8% during mid-day trading on Thursday. The stock traded as low as $6.46 and last traded at $6.53. 565 shares changed hands during trading, a decline of 81% from the average session volume of 2,954 shares. The stock had previously closed at $6.58.
PT Adaro Energy Indonesia Tbk Price Performance
The firm’s fifty day moving average price is $7.03 and its 200-day moving average price is $6.88.
PT Adaro Energy Indonesia Tbk Company Profile
PT Adaro Energy Indonesia Tbk, now known as PT Alamtri Resources Indonesia Tbk, is an Indonesian natural resources and energy company. Historically, the company operated as Adaro Energy Indonesia and built its business around the integrated production and sale of thermal coal.
The company’s activities have included coal mining, processing, transportation, logistics, marketing and trading. It has also been involved in power generation and supporting infrastructure, including port and hauling operations.
Further Reading
- Five stocks we like better than PT Adaro Energy Indonesia Tbk
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for PT Adaro Energy Indonesia Tbk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PT Adaro Energy Indonesia Tbk and related companies with MarketBeat.com's FREE daily email newsletter.
-etf-logo-1200x675.jpg){kind=logo}
