PT United Tractors Tbk (OTCMKTS:PUTKY) Trading Up 2.5% – What’s Next?

PT United Tractors Tbk (OTCMKTS:PUTKYGet Free Report) shares traded up 2.5% during trading on Tuesday . The company traded as high as $38.4114 and last traded at $38.20. 2,828 shares changed hands during trading, a decline of 29% from the average session volume of 3,986 shares. The stock had previously closed at $37.27.

PT United Tractors Tbk Price Performance

The firm’s fifty day moving average is $35.49 and its two-hundred day moving average is $32.61.

PT United Tractors Tbk Company Profile

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PT United Tractors Tbk (OTCMKTS:PUTKY) is one of Indonesia’s leading heavy equipment distributors and mining contractors. Established in 1972 and headquartered in Jakarta, the company operates as a core subsidiary of the Astra International group. United Tractors’ primary activities encompass the distribution and sales of a wide range of construction and mining machinery, including Komatsu-branded excavators, bulldozers and haul trucks, as well as other reputable global equipment brands.

In addition to equipment sales, United Tractors has developed a substantial mining services division through its subsidiary PT Pamapersada Nusantara, which provides contract mining solutions for coal and mineral extraction projects across Indonesia.

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