Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 343,180 shares changed hands during trading, a decline of 39% from the previous session's volume of 562,678 shares.The stock last traded at $16.30 and had previously closed at $16.30.
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Price Performance
The business's 50-day simple moving average is $16.62 and its two-hundred day simple moving average is $17.96. The stock has a market cap of $15.81 billion, a price-to-earnings ratio of 11.08, a price-to-earnings-growth ratio of 1.38 and a beta of 0.77. The company has a debt-to-equity ratio of 0.14, a current ratio of 0.70 and a quick ratio of 0.69.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently modified their holdings of TLK. Millennium Management LLC grew its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 268.1% during the second quarter. Millennium Management LLC now owns 316,621 shares of the utilities provider's stock worth $5,921,000 after purchasing an additional 230,613 shares during the period. Haven Global Partners LLC acquired a new stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 4th quarter worth approximately $3,291,000. State of New Jersey Common Pension Fund D increased its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 67.0% in the 3rd quarter. State of New Jersey Common Pension Fund D now owns 284,588 shares of the utilities provider's stock valued at $5,629,000 after acquiring an additional 114,209 shares in the last quarter. Van ECK Associates Corp lifted its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 127.3% during the 3rd quarter. Van ECK Associates Corp now owns 198,504 shares of the utilities provider's stock valued at $3,710,000 after acquiring an additional 111,162 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.2% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 4,521,500 shares of the utilities provider's stock worth $74,966,000 after acquiring an additional 98,552 shares in the last quarter.
About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
(
Get Free Report)
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides information and communications technology, and telecommunications network services worldwide. The company operates through mobile, consumer, enterprise, Wholesale and International Business, and Other segments. The Mobile segment offers mobile voice, SMS, value added services, and mobile broadband services.
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