PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) Trading Up 5.9% – Time to Buy?

PT Semen Indonesia (Persero) Tbk (OTCMKTS:PSGTY) was up 5.9% on Wednesday . The company traded as high as $3.58 and last traded at $3.58. Approximately 612 shares were traded during mid-day trading, an increase of 51% from the average daily volume of 406 shares. The stock had previously closed at $3.38.

PT Semen Indonesia (Persero) Tbk Price Performance

The stock’s 50 day moving average is $3.99 and its two-hundred day moving average is $4.63.

PT Semen Indonesia (Persero) Tbk Company Profile

PT Semen Indonesia (Persero) Tbk manufactures, packs, and distributes cement in Indonesia and internationally. It operates through Cement Production and Non-Cement Production segments. The company is also involved in limestone and clay mining; cement bag manufacturing; industrial real estate development and building rental; ready-mix concrete and aggregates quarry production; and consulting, mining, trading, transportation, and construction activities.