Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC - Get Free Report)'s stock price gapped down prior to trading on Friday . The stock had previously closed at $7.38, but opened at $6.87. Turkcell Iletisim Hizmetleri A.S. shares last traded at $6.84, with a volume of 115,195 shares trading hands.
Analysts Set New Price Targets
Separately, StockNews.com downgraded shares of Turkcell Iletisim Hizmetleri A.S. from a "buy" rating to a "hold" rating in a report on Tuesday, November 12th.
Check Out Our Latest Report on TKC
Turkcell Iletisim Hizmetleri A.S. Price Performance
The company has a quick ratio of 1.81, a current ratio of 1.82 and a debt-to-equity ratio of 0.41. The company's 50 day moving average is $7.09 and its 200 day moving average is $6.82. The firm has a market capitalization of $6.10 billion, a price-to-earnings ratio of 4.72 and a beta of 0.87.
Hedge Funds Weigh In On Turkcell Iletisim Hizmetleri A.S.
Institutional investors and hedge funds have recently modified their holdings of the business. Aquatic Capital Management LLC grew its stake in Turkcell Iletisim Hizmetleri A.S. by 89.4% during the fourth quarter. Aquatic Capital Management LLC now owns 4,545 shares of the Wireless communications provider's stock worth $30,000 after buying an additional 2,145 shares in the last quarter. Quadrant Capital Group LLC grew its stake in Turkcell Iletisim Hizmetleri A.S. by 2.7% during the fourth quarter. Quadrant Capital Group LLC now owns 85,703 shares of the Wireless communications provider's stock worth $558,000 after buying an additional 2,273 shares in the last quarter. US Bancorp DE grew its stake in Turkcell Iletisim Hizmetleri A.S. by 6.8% during the fourth quarter. US Bancorp DE now owns 36,111 shares of the Wireless communications provider's stock worth $235,000 after buying an additional 2,297 shares in the last quarter. Corient Private Wealth LLC lifted its holdings in shares of Turkcell Iletisim Hizmetleri A.S. by 2.2% in the fourth quarter. Corient Private Wealth LLC now owns 109,286 shares of the Wireless communications provider's stock worth $711,000 after acquiring an additional 2,332 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of Turkcell Iletisim Hizmetleri A.S. by 70.7% in the third quarter. JPMorgan Chase & Co. now owns 6,411 shares of the Wireless communications provider's stock worth $44,000 after acquiring an additional 2,656 shares during the last quarter.
Turkcell Iletisim Hizmetleri A.S. Company Profile
(
Get Free Report)
Turkcell Iletisim Hizmetleri A.S. provides digital services in Turkey, Ukraine, Belarus, Turkish Republic of Northern Cyprus, and the Netherlands. It operates through Turkcell Turkey, Turkcell International, and Techfin segments. It offers work contact services, such as mobile communications, fixed business internet and business phone, and customer loyalty and programs; digital business services comprising uninterrupted access, cyber security, data center, Internet of Things, big data, e-transformation, technologies, and managed services, and cloud solutions.
See Also
Before you consider Turkcell Iletisim Hizmetleri A.S., you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Turkcell Iletisim Hizmetleri A.S. wasn't on the list.
While Turkcell Iletisim Hizmetleri A.S. currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
