PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) Trading Down 9.1% – Should You Sell?

Shares of PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTYGet Free Report) were down 9.1% during mid-day trading on Wednesday . The company traded as low as $3.11 and last traded at $3.11. Approximately 1,065 shares changed hands during mid-day trading, an increase of 1% from the average daily volume of 1,050 shares. The stock had previously closed at $3.42.

PT Semen Indonesia (Persero) Tbk Stock Performance

The company has a 50 day simple moving average of $3.24 and a two-hundred day simple moving average of $3.09.

PT Semen Indonesia (Persero) Tbk Company Profile

(Get Free Report)

PT Semen Indonesia (Persero) Tbk is Indonesia’s first cement producer, founded in 1957 as NV Semen Gresik and later converted into a state-owned perseroan terbatas under the Ministry of State-Owned Enterprises. The company operates as an integrated building materials group, manufacturing a diverse range of cement products, including ordinary Portland cement, composite cement and specialty cement grades designed for various construction applications.

Headquartered in Gresik, East Java, PT Semen Indonesia maintains production facilities across multiple regions in Indonesia.

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