PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Hits New 1-Year Low – Here’s What Happened

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY)’s share price hit a new 52-week low during trading on Friday . The company traded as low as $9.56 and last traded at $9.59, with a volume of 166456 shares traded. The stock had previously closed at $10.35.

PT Bank Mandiri Persero TBK Trading Down 7.3%

The stock has a fifty day moving average of $10.94 and a 200 day moving average of $11.48.

PT Bank Mandiri Persero TBK Company Profile

PT Bank Mandiri (Persero) Tbk is one of Indonesia’s largest banking groups, providing a full range of commercial banking services to corporate, commercial, small and medium-sized enterprises (SMEs) and retail customers. The bank was established in 1998 through a government-led consolidation of four state-owned banks as part of efforts to strengthen the financial system during the Asian financial crisis. Since then it has grown into a diversified financial services franchise offering deposit taking, lending, trade finance, payment and cash management, treasury, and wealth-management services.

Bank Mandiri’s product suite spans traditional retail and corporate banking products — including savings and time deposits, consumer and mortgage loans, working capital and project financing — alongside specialized services such as trade and export-import finance, foreign exchange and treasury solutions, card products, and digital banking channels.