PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) Stock Price Down 6.2% – Should You Sell?

PT Bank Mandiri Persero TBK (OTCMKTS:PPERY) shares fell 6.2% during mid-day trading on Wednesday . The stock traded as low as $10.83 and last traded at $10.85. 20,096 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 98,679 shares. The stock had previously closed at $11.57.

PT Bank Mandiri Persero TBK Trading Down 7.0%

The firm’s 50-day moving average price is $11.86 and its 200 day moving average price is $11.34.

About PT Bank Mandiri Persero TBK

PT Bank Mandiri (Persero) Tbk is one of Indonesia’s largest banking groups, providing a full range of commercial banking services to corporate, commercial, small and medium-sized enterprises (SMEs) and retail customers. The bank was established in 1998 through a government-led consolidation of four state-owned banks as part of efforts to strengthen the financial system during the Asian financial crisis. Since then it has grown into a diversified financial services franchise offering deposit taking, lending, trade finance, payment and cash management, treasury, and wealth-management services.

Bank Mandiri’s product suite spans traditional retail and corporate banking products — including savings and time deposits, consumer and mortgage loans, working capital and project financing — alongside specialized services such as trade and export-import finance, foreign exchange and treasury solutions, card products, and digital banking channels.