Jutal Offshore Oil Services (OTCMKTS:JUTOY) Stock Price Down 12.1% – Here’s What Happened

Jutal Offshore Oil Services Ltd. (OTCMKTS:JUTOY) dropped 12.1% on Tuesday . The company traded as low as $14.95 and last traded at $14.95. Approximately 480 shares traded hands during trading, an increase of 6,134% from the average daily volume of 8 shares. The stock had previously closed at $17.00.

Jutal Offshore Oil Services Stock Down 12.1%

The firm has a fifty day moving average price of $17.51 and a two-hundred day moving average price of $16.30. The company has a current ratio of 2.54, a quick ratio of 2.40 and a debt-to-equity ratio of 0.05.

Jutal Offshore Oil Services Company Profile

Jutal Offshore Oil Services Limited, an investment holding company, engages in the fabrication of facilities and provision of integrated services for oil and gas, new energy, and refining and chemical industries. The company engages in the construction of large-scale modules, such as onshore LNG modules, modular plants, offshore platform upper modules, and FPSO/FLNG modules, as well as shop design, material procurement, structural prefabrication, machining, painting, assembly, machinery and equipment installation, pre-commissioning, load-out and transportation, and other activities; and undertakes projects in oil and gas process modules, petrochemical equipment, and undersea business.