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

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

Jutal Offshore Oil Services Price Performance

The company has a quick ratio of 1.47, a current ratio of 1.53 and a debt-to-equity ratio of 0.11. The company’s 50 day simple moving average is $18.43 and its two-hundred day simple moving average is $19.15.

Jutal Offshore Oil Services Cuts Dividend

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

About Jutal Offshore Oil Services

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.