Shares of PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY – Get Free Report) were up 6.8% on Friday . The stock traded as high as $7.10 and last traded at $7.10. Approximately 583 shares traded hands during trading, a decline of 87% from the average daily volume of 4,476 shares. The stock had previously closed at $6.65.
PT Adaro Energy Indonesia Tbk Trading Up 6.8 %
The firm has a 50-day moving average of $8.47 and a 200-day moving average of $10.59.
PT Adaro Energy Indonesia Tbk Cuts Dividend
The company also recently announced a dividend, which was paid on Thursday, January 30th. Stockholders of record on Monday, January 13th were issued a $0.3294 dividend. The ex-dividend date of this dividend was Monday, January 13th. PT Adaro Energy Indonesia Tbk’s dividend payout ratio is 40.19%.
About PT Adaro Energy Indonesia Tbk
PT Adaro Energy Indonesia Tbk, together with its subsidiaries, engages in coal and mining business in Indonesia. It operates through Coal Mining and Trading; Mining Services; Logistics; and Others segments. The company provides trading, transportation, warehousing, quarrying, cargo handling, and mining and transportation support services.
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