TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Jutal Offshore Oil Services ( (HK:3303) ) has provided an announcement.
Jutal Offshore Oil Services Limited announced that its wholly-owned subsidiary, Penglai Jutal Offshore Engineering Heavy Industries Company Limited, has applied for removal from the U.S. Department of the Treasury’s Specially Designated Nationals and Blocked Persons List. The subsidiary has ceased construction activities related to projects involving the SDN List and has engaged professional law firms to assist with the application process, indicating a strategic move to mitigate potential operational and financial impacts.
The most recent analyst rating on (HK:3303) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Jutal Offshore Oil Services stock, see the HK:3303 Stock Forecast page.
More about Jutal Offshore Oil Services
Jutal Offshore Oil Services Limited is a company incorporated in the Cayman Islands, operating in the offshore oil services industry. The company, along with its subsidiaries, focuses on providing engineering and construction services for offshore oil projects.
Average Trading Volume: 542,133
Technical Sentiment Signal: Sell
Current Market Cap: HK$1.19B
Learn more about 3303 stock on TipRanks’ Stock Analysis page.