Jutal Offshore Oil Services (OTCMKTS:JUTOY) Trading Up 8.2%

Jutal Offshore Oil Services Limited (OTCMKTS:JUTOY) shot up 8.2% during mid-day trading on Friday . The company traded as high as $19.17 and last traded at $19.17. 100 shares were traded during mid-day trading, a decline of 53% from the average session volume of 214 shares. The stock had previously closed at $17.73.

Jutal Offshore Oil Services Price Performance

The stock’s fifty day simple moving average is $18.43 and its 200-day simple moving average is $19.15. The company has a quick ratio of 1.47, a current ratio of 1.53 and a debt-to-equity ratio of 0.11.

Jutal Offshore Oil Services Cuts Dividend

The business also recently declared a dividend, which will be paid on Thursday, October 31st. Shareholders of record on Thursday, September 19th will be issued a $0.9116 dividend. The ex-dividend date of this dividend is Thursday, September 19th.

Jutal Offshore Oil Services Company Profile

Jutal Offshore Oil Services Limited, an investment holding company, engages in the fabrication of facilities and provision of integrated services for oil and gas, new energy, and refining and chemical industries. The company engages in the construction of large-scale modules, such as onshore LNG modules, modular plants, offshore platform upper modules, and FPSO/FLNG modules, as well as shop design, material procurement, structural prefabrication, machining, painting, assembly, machinery and equipment installation, pre-commissioning, load-out and transportation, and other activities; and undertakes projects in oil and gas process modules, petrochemical equipment, and undersea business.