PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PTBRY) Stock Price Down 4.4% – Time to Sell?

Shares of PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PTBRY) traded down 4.4% during mid-day trading on Tuesday . The stock traded as low as $13.32 and last traded at $13.52. 1,704 shares were traded during trading, an increase of 25% from the average session volume of 1,362 shares. The stock had previously closed at $14.1450.

PT Bank Negara Indonesia (Persero) Tbk Price Performance

The company has a fifty day simple moving average of $13.61 and a two-hundred day simple moving average of $13.40.

PT Bank Negara Indonesia (Persero) Tbk Company Profile

PT Bank Negara Indonesia (Persero) Tbk, commonly known as BNI, is one of Indonesia’s oldest and largest state-owned commercial banks. Established in 1946 shortly after the country’s independence, BNI was originally tasked with financing the fledgling republic’s economic development. Over the decades, it has grown into a diversified financial institution offering an array of banking services for retail, small and medium-sized enterprises (SMEs), corporates and institutional clients.

BNI’s core business activities encompass corporate and commercial banking, consumer and retail lending, trade finance, treasury and cash management, as well as wealth management products.