Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Get Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $16.78, but opened at $16.29. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk shares last traded at $16.14, with a volume of 106,297 shares.
Analysts Set New Price Targets
Separately, StockNews.com upgraded shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a "hold" rating to a "buy" rating in a research report on Friday, October 4th.
Check Out Our Latest Analysis on Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance
The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.69 and a current ratio of 0.70. The company has a market cap of $14.48 billion, a PE ratio of 11.17, a PEG ratio of 1.58 and a beta of 0.78. The business's 50-day moving average is $16.79 and its 200 day moving average is $18.28.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC raised its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.5% in the 4th quarter. GAMMA Investing LLC now owns 1,506 shares of the utilities provider's stock worth $25,000 after acquiring an additional 643 shares in the last quarter. TD Private Client Wealth LLC lifted its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% in the third quarter. TD Private Client Wealth LLC now owns 4,870 shares of the utilities provider's stock worth $96,000 after buying an additional 1,165 shares in the last quarter. Ballentine Partners LLC increased its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 13.7% during the second quarter. Ballentine Partners LLC now owns 12,971 shares of the utilities provider's stock valued at $243,000 after acquiring an additional 1,560 shares in the last quarter. Orion Portfolio Solutions LLC raised its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 24.6% in the 3rd quarter. Orion Portfolio Solutions LLC now owns 12,660 shares of the utilities provider's stock worth $250,000 after acquiring an additional 2,497 shares during the last quarter. Finally, First Affirmative Financial Network bought a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 3rd quarter valued at approximately $252,000.
About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
(
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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.
See Also
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