PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) Trading 6.8% Higher – Here’s What Happened

PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOYGet Free Report)’s share price traded up 6.8% during mid-day trading on Friday . The company traded as high as $7.10 and last traded at $7.10. 583 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 4,476 shares. The stock had previously closed at $6.65.

PT Adaro Energy Indonesia Tbk Price Performance

The business’s 50-day moving average price is $8.47 and its 200 day moving average price is $10.59.

PT Adaro Energy Indonesia Tbk Cuts Dividend

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

Read More

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.