PT United Tractors Tbk·Basic Materials

PT United Tractors Tbk (OTCMKTS:PUTKY - Get Free Report) saw a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 25,183 shares, a decline of 17.3% from the January 29th total of 30,445 shares. Based on an average daily volume of 37,238 shares, the days-to-cover

PT United Tractors Tbk (OTCMKTS:PUTKY - Get Free Report) shares were up 1.1% during trading on Wednesday. The stock traded as high as $35.2299 and last traded at $33.80. Approximately 7,241 shares traded hands during mid-day trading, a decline of 32% from the average daily volume of 10,691 shares. The stock had previously closed
PT United Tractors Tbk, together with its subsidiaries, sells and rents heavy equipment in Indonesia. The company operates through six segments: Construction Machinery, Mining Contracting, Coal Mining, Gold Mining, Construction Industry, and Energy. It also distributes heavy equipment under the Komatsu, UD Trucks, Scania, Bomag, and Tadano names to mining, plantation, construction, and forestry sectors, as well as for industrial heavy equipment. In addition, it sells and leases tractors, generators, forklifts, and mini excavators, as well as sells commodity parts. Further, the company offers mining services that supports coal companies, such as mining design and implementation, preliminary assessment and feasibility studies, construction of infrastructure and plant, removal of overburden and waste, commercial production, expansion of mine/plant, reclamation and revegetation, and transshipment and marketing, as well as owns interests in various coal mine concessions with total estimated coal reserves of 63 million tons, as well as technical and construction services for building, civil, and maritime work. Additionally, it engages in the engineering, planning, assembling, and manufacturing components of machinery, tools, parts, and heavy equipment; provision of vessel construction and related repair services; provision of vessel charter and shipping, and reconditioning services for engines and components; operating power plants; concrete product businesses; fishery business; exploration, mining, and mineral processing of gold and silver; and manufacturing of heavy equipment components and attachments. The company was founded in 1972 and is headquartered in Jakarta Timur, Indonesia. PT United Tractors Tbk is a subsidiary of PT Astra International Tbk.
Basic Materials
Industrial Materials
39,667
2009-03-11
-0.17