PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOY) Shares Up 9.6%

PT Adaro Energy Indonesia Tbk (OTCMKTS:ADOOYGet Rating) shares shot up 9.6% during trading on Thursday . The company traded as high as $11.78 and last traded at $11.78. 599 shares traded hands during mid-day trading, a decline of 93% from the average session volume of 9,069 shares. The stock had previously closed at $10.74.

PT Adaro Energy Indonesia Tbk Price Performance

The business has a 50-day simple moving average of $12.16 and a 200 day simple moving average of $11.16.

PT Adaro Energy Indonesia Tbk Company Profile

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PT Adaro Energy Indonesia Tbk, together with its subsidiaries, operates as an integrated energy producer in coal, energy, utilities, and supporting infrastructure sectors in Indonesia. The company operates through Coal Mining and Trading; Mining Services; Logistics; and Others segments. It provides coal mining and trading, mining contracting, quarrying, ship loading, mining support services, transportation, coal handling and barging, terminal handling, seaport, agriculture, power plant, trading, warehousing and transportation support, and water and mud treatment services.

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