PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) Stock Price Down 2.3% – Time to Sell?

PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOYGet Free Report)’s stock price fell 2.3% during trading on Friday . The stock traded as low as $5.40 and last traded at $5.40. 2,196 shares changed hands during mid-day trading, a decline of 61% from the average session volume of 5,657 shares. The stock had previously closed at $5.53.

PT Adaro Energy Indonesia Tbk Stock Down 2.3 %

The firm has a 50 day moving average price of $6.69 and a 200 day moving average price of $9.93.

PT Adaro Energy Indonesia Tbk Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, January 30th. Stockholders of record on Monday, January 13th were paid a $0.3294 dividend. The ex-dividend date of this dividend was Monday, January 13th. PT Adaro Energy Indonesia Tbk’s dividend payout ratio (DPR) is 40.19%.

About PT Adaro Energy Indonesia Tbk

(Get Free Report)

PT Adaro Energy Indonesia Tbk, together with its subsidiaries, engages in coal and mining business in Indonesia. It operates through Coal Mining and Trading; Mining Services; Logistics; and Others segments. The company provides trading, transportation, warehousing, quarrying, cargo handling, and mining and transportation support services.

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