Zacks Research upgraded shares of PT United Tractors Tbk (OTCMKTS:PUTKY – Free Report) from a strong sell rating to a hold rating in a report published on Monday morning,Zacks reports.
PT United Tractors Tbk Stock Performance
PUTKY opened at $28.80 on Monday. The company has a fifty day moving average price of $27.82 and a 200-day moving average price of $29.56. PT United Tractors Tbk has a one year low of $23.18 and a one year high of $39.00.
About PT United Tractors Tbk
PT United Tractors Tbk is an Indonesia-based company that provides heavy-equipment, mining, construction, and energy solutions. Established in 1972, it is a subsidiary of PT Astra International Tbk and is listed on the Indonesia Stock Exchange. The company’s securities also trade in the United States over the counter under the symbol PUTKY.
United Tractors is the authorized distributor of Komatsu heavy equipment in Indonesia and supplies machinery, parts, maintenance, repair, and related support services for the mining, construction, forestry, and agriculture industries.
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