PT GoTo Gojek Tokopedia Tbk (OTCMKTS:GTOFF) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Shares of PT GoTo Gojek Tokopedia Tbk (OTCMKTS:GTOFFGet Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $0.02 and traded as high as $0.1270. PT GoTo Gojek Tokopedia Tbk shares last traded at $0.1270, with a volume of 30,076 shares traded.

PT GoTo Gojek Tokopedia Tbk Trading Up 3,075.0%

The company’s 50-day moving average is $0.02 and its two-hundred day moving average is $0.01.

About PT GoTo Gojek Tokopedia Tbk

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PT GoTo Gojek Tokopedia Tbk is an Indonesian technology holding company that operates a one-stop digital ecosystem combining ride-hailing, on-demand services, e-commerce and financial technology. The company was formed in May 2021 through the merger of Gojek, a pioneer in Southeast Asia’s super-app sector, and Tokopedia, one of Indonesia’s largest online marketplaces. Headquartered in Jakarta, GoTo serves a broad base of users across Indonesia, leveraging the scale and infrastructure of its founding entities.

Under its Gojek arm, GoTo provides ride-hailing, food delivery, courier, logistics and other on-demand services, all supported by its proprietary digital wallet, GoPay.

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