PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY – Get 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
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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