PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Trading Down 2% - Here's Why

Key Points

• PT Bank Mandiri Persero TBK's share price declined by 2% to $10.78, following a drop from the previous close of $11.00.
• Trading volume surged to 384,912 shares, an increase of 494% compared to the average session volume of 64,817 shares.
• The stock's current moving averages are $11.43 for the 50-day and $11.77 for the 200-day period.

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY - )'s share price fell 2% on Tuesday . The company traded as low as $10.45 and last traded at $10.78. 384,912 shares were traded during trading, an increase of 494% from the average session volume of 64,817 shares. The stock had previously closed at $11.00.

PT Bank Mandiri Persero TBK Stock Performance

The stock's 50-day moving average price is $11.43 and its two-hundred day moving average price is $11.77.

PT Bank Mandiri Persero TBK Company Profile

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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