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PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Shares Gap Up - Still a Buy?

PT Bank Mandiri Persero TBK logo with Finance background

Key Points

  • Shares of PT Bank Mandiri Persero TBK opened at $10.14 after closing at $9.80, indicating positive market movement.
  • The stock has a 50-day moving average of $10.95 and a 200-day moving average of $11.58, suggesting potential price trends.
  • PT Bank Mandiri offers a range of banking products, including loans for individuals and businesses across several countries, enhancing its market presence.
  • Five stocks we like better than PT Bank Mandiri Persero TBK.

Shares of PT Bank Mandiri Persero TBK (OTCMKTS:PPERY - Get Free Report) gapped up prior to trading on Friday . The stock had previously closed at $9.80, but opened at $10.14. PT Bank Mandiri Persero TBK shares last traded at $9.72, with a volume of 9,428 shares trading hands.

PT Bank Mandiri Persero TBK Price Performance

The firm has a 50 day moving average of $10.95 and a 200-day moving average of $11.58.

PT Bank Mandiri Persero TBK Company Profile

(Get Free Report)

PT Bank Mandiri (Persero) Tbk provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, the United Kingdom, and the Cayman Islands. The company operates through Wholesale and Retail segments. It offers savings and current accounts, time deposits, demand deposits, and foreign currency savings and current accounts; motorcycle loans, mortgage loan, and housing loans, as well as loans for various purposes, such as education, home renovation, marriage, health, and other needs for individuals; and working capital loans, investment loans, people's business loans, syndicated loans, and micro business loans for businesses.

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