Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $15.52, but opened at $16.30. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk shares last traded at $16.42, with a volume of 124,171 shares changing hands.
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance
The stock has a market capitalization of $16.03 billion, a P/E ratio of 11.24, a PEG ratio of 2.21 and a beta of 0.77. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 0.14. The company has a 50-day moving average price of $16.23 and a two-hundred day moving average price of $17.70.
Institutional Trading of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Van ECK Associates Corp increased its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 127.3% in the third quarter. Van ECK Associates Corp now owns 198,504 shares of the utilities provider's stock worth $3,710,000 after purchasing an additional 111,162 shares during the period. Sanctuary Advisors LLC raised its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.1% in 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 in the last quarter. Northcape Capital Pty Ltd boosted its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.2% during the 4th quarter. Northcape Capital Pty Ltd now owns 529,865 shares of the utilities provider's stock valued at $8,716,000 after acquiring an additional 77,655 shares during the last quarter. Haven Global Partners LLC purchased a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the fourth quarter worth about $3,291,000. Finally, DGS Capital Management LLC grew its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% during the fourth quarter. DGS Capital Management LLC now owns 75,421 shares of the utilities provider's stock worth $1,241,000 after purchasing an additional 18,035 shares in the last quarter.
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.
Further Reading
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