PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERF) Trading Up 9.5% – Here’s Why

Shares of PT Bank Mandiri (Persero) Tbk (OTCMKTS:PPERF) traded up 9.5% during trading on Wednesday . The company traded as high as $0.44 and last traded at $0.44. 2,830 shares traded hands during trading, a decline of 38% from the average session volume of 4,586 shares. The stock had previously closed at $0.40.

PT Bank Mandiri (Persero) Tbk Stock Performance

The business’s 50 day moving average is $0.44 and its 200 day moving average is $0.42.

About PT Bank Mandiri (Persero) Tbk

PT Bank Mandiri (Persero) Tbk provides various banking products and services to individuals and businesses in Indonesia, Singapore, Hong Kong, Timor Leste, Shanghai, Malaysia, the United Kingdom, and the Cayman Islands. The company operates through Wholesale and Retail segments. It offers savings and current accounts, time deposits, demand deposits, and foreign currency savings and current accounts; motorcycle loans, mortgage loan, and housing loans, as well as loans for various purposes, such as education, home renovation, marriage, health, and other needs for individuals; and working capital loans, investment loans, people's business loans, syndicated loans, and micro business loans for businesses.