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Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Hits New 12-Month Low - Here's What Happened

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk logo with Utilities background
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Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Get Free Report) hit a new 52-week low on Friday . The stock traded as low as $13.99 and last traded at $14.14, with a volume of 136661 shares changing hands. The stock had previously closed at $14.35.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Price Performance

The company has a debt-to-equity ratio of 0.14, a current ratio of 0.70 and a quick ratio of 0.69. The stock has a fifty day simple moving average of $15.56 and a 200-day simple moving average of $17.05. The company has a market capitalization of $13.98 billion, a price-to-earnings ratio of 9.80, a P/E/G ratio of 2.18 and a beta of 0.76.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TLK. Sanctuary Advisors LLC grew its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.1% during the 3rd quarter. Sanctuary Advisors LLC now owns 42,484 shares of the utilities provider's stock valued at $840,000 after acquiring an additional 10,070 shares during the period. Northcape Capital Pty Ltd boosted its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.2% during the fourth quarter. Northcape Capital Pty Ltd now owns 529,865 shares of the utilities provider's stock worth $8,716,000 after purchasing an additional 77,655 shares in the last quarter. Haven Global Partners LLC acquired a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the fourth quarter valued at approximately $3,291,000. Allspring Global Investments Holdings LLC increased its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.2% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 4,521,500 shares of the utilities provider's stock valued at $74,966,000 after buying an additional 98,552 shares in the last quarter. Finally, DGS Capital Management LLC increased its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% in the fourth quarter. DGS Capital Management LLC now owns 75,421 shares of the utilities provider's stock valued at $1,241,000 after buying an additional 18,035 shares in the last quarter.

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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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