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Jutal Offshore Oil Services (OTCMKTS:JUTOY) Stock Price Down 16.6% - Should You Sell?

Jutal Offshore Oil Services logo with Energy background

Key Points

  • Jutal Offshore Oil Services Ltd. (OTCMKTS:JUTOY) saw its stock price drop 16.6% during trading, closing at $18.67, after previously closing at $22.39.
  • The company announced a dividend of $0.4107 per share, payable on November 3rd, which reflects a high dividend yield of 220.0%.
  • Jutal Offshore operates in the oil and gas sector, engaging in the fabrication of facilities and providing services for energy and chemical industries.
  • MarketBeat previews top five stocks to own in October.

Jutal Offshore Oil Services Ltd. (OTCMKTS:JUTOY - Get Free Report) traded down 16.6% during trading on Tuesday . The stock traded as low as $18.67 and last traded at $18.67. 101 shares changed hands during mid-day trading, an increase of 10,532% from the average session volume of 1 shares. The stock had previously closed at $22.39.

Jutal Offshore Oil Services Stock Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 2.05 and a quick ratio of 1.94. The firm has a 50 day moving average price of $23.57 and a 200 day moving average price of $24.24.

Jutal Offshore Oil Services Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, November 3rd. Investors of record on Wednesday, September 24th will be given a dividend of $0.4107 per share. The ex-dividend date is Tuesday, September 23rd. This represents a dividend yield of 220.0%.

Jutal Offshore Oil Services Company Profile

(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.

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