Zacks Research Upgrades PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PTBRY) to “Hold”

PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PTBRY) was upgraded by Zacks Research to a “hold” rating in a research note issued on Thursday,Zacks.com reports.

PT Bank Negara Indonesia (Persero) Tbk Trading Down 0.5%

Shares of PTBRY stock traded down $0.06 during trading hours on Thursday, hitting $11.07. The company had a trading volume of 1,050 shares, compared to its average volume of 11,875. PT Bank Negara Indonesia has a 12 month low of $10.05 and a 12 month high of $16.00. The firm’s fifty day moving average is $11.94 and its 200 day moving average is $12.89.

PT Bank Negara Indonesia (Persero) Tbk Company Profile

PT Bank Negara Indonesia (Persero) Tbk, commonly known as BNI, is one of Indonesia’s oldest and largest state-owned commercial banks. Established in 1946 shortly after the country’s independence, BNI was originally tasked with financing the fledgling republic’s economic development. Over the decades, it has grown into a diversified financial institution offering an array of banking services for retail, small and medium-sized enterprises (SMEs), corporates and institutional clients.

BNI’s core business activities encompass corporate and commercial banking, consumer and retail lending, trade finance, treasury and cash management, as well as wealth management products.