PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PTBRY) Stock Price Down 4.3% – Here’s Why

PT Bank Negara Indonesia (Persero) Tbk (OTCMKTS:PTBRY)’s stock price fell 4.3% during trading on Wednesday. The stock traded as low as $10.10 and last traded at $10.10. Approximately 260 shares changed hands during mid-day trading, a decline of 78% from the average daily volume of 1,201 shares. The stock had previously closed at $10.55.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of PT Bank Negara Indonesia (Persero) Tbk from a “strong sell” rating to a “hold” rating in a research note on Monday, August 31st. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has a consensus rating of “Hold”.

PT Bank Negara Indonesia (Persero) Tbk Stock Performance

The stock has a 50-day simple moving average of $10.29 and a 200 day simple moving average of $10.63.

About PT Bank Negara Indonesia (Persero) Tbk

PT Bank Negara Indonesia (Persero) Tbk, commonly known as BNI, is an Indonesian state-owned commercial bank headquartered in Jakarta. Established in 1946, it is one of Indonesia’s largest banking institutions and provides financial services to individuals, businesses, corporations and government-related entities.

BNI’s services include savings and checking accounts, consumer and mortgage lending, credit cards, payments, remittances, commercial and corporate loans, trade finance, cash management, treasury services and investment-related banking.