Jutal Offshore Oil Services (OTCMKTS:JUTOY) Stock Price Down 16.1% – Here’s What Happened

Jutal Offshore Oil Services Ltd. (OTCMKTS:JUTOY – Get Free Report)’s share price fell 16.1% on Wednesday. The company traded as low as $12.54 and last traded at $12.54. Approximately 100 shares were traded during trading, an increase of 66,567% from the average session volume of 0 shares. The stock had previously closed at $14.95.

Jutal Offshore Oil Services Price Performance

The firm’s 50 day moving average price is $13.82 and its 200-day moving average price is $13.89.

About Jutal Offshore Oil Services

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Jutal Offshore Oil Services Limited is an energy-services company focused on engineering, procurement, construction and fabrication for the offshore oil and gas industry. Its activities include the design and manufacture of offshore equipment, structural components and process modules used in oil and gas exploration, production and transportation.

The company also provides offshore installation, maintenance, repair and other technical services. Its capabilities have included fabrication of equipment and facilities for offshore platforms, floating production and storage projects, and related marine energy infrastructure.

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