Jutal Offshore Oil Services (OTCMKTS:JUTOY) Trading 9.2% Higher – Time to Buy?

Jutal Offshore Oil Services Limited (OTCMKTS:JUTOY)’s stock price was up 9.2% on Monday . The stock traded as high as $20.81 and last traded at $20.81. Approximately 300 shares traded hands during mid-day trading, an increase of 43% from the average daily volume of 210 shares. The stock had previously closed at $19.05.

Jutal Offshore Oil Services Stock Performance

The business’s fifty day moving average is $19.15 and its 200-day moving average is $19.70. The company has a quick ratio of 1.61, a current ratio of 1.72 and a debt-to-equity ratio of 0.01.

About Jutal Offshore Oil Services

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.