Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK – Get Rating)'s share price gapped up prior to trading on Tuesday . The stock had previously closed at $24.91, but opened at $25.80. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk shares last traded at $25.92, with a volume of 554 shares traded.
Analysts Set New Price Targets
Separately, StockNews.com raised Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a "hold" rating to a "buy" rating in a research note on Friday, January 13th.
Get Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk alerts:Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Down 0.9 %
The business has a 50-day moving average of $24.58 and a 200-day moving average of $27.33. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.80 and a current ratio of 0.82. The stock has a market capitalization of $23.05 billion, a price-to-earnings ratio of 16.09, a P/E/G ratio of 1.44 and a beta of 0.59.
Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK – Get Rating) last issued its quarterly earnings data on Friday, October 28th. The utilities provider reported $0.23 earnings per share (EPS) for the quarter. The firm had revenue of $2.58 billion during the quarter. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk had a return on equity of 15.36% and a net margin of 15.39%. On average, sell-side analysts expect that Perusahaan Perseroan will post 1.6 EPS for the current year.Hedge Funds Weigh In On Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
Institutional investors have recently bought and sold shares of the company. BNP Paribas Arbitrage SA grew its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 120.2% in the 1st quarter. BNP Paribas Arbitrage SA now owns 784 shares of the utilities provider's stock valued at $25,000 after acquiring an additional 428 shares in the last quarter. Credit Suisse AG grew its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 121.4% in the 3rd quarter. Credit Suisse AG now owns 870 shares of the utilities provider's stock valued at $25,000 after acquiring an additional 477 shares in the last quarter. Wipfli Financial Advisors LLC acquired a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 3rd quarter valued at about $31,000. Pittenger & Anderson Inc. acquired a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 3rd quarter valued at about $31,000. Finally, Rockefeller Capital Management L.P. grew its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 56.7% in the 3rd quarter. Rockefeller Capital Management L.P. now owns 1,200 shares of the utilities provider's stock valued at $34,000 after acquiring an additional 434 shares in the last quarter. 4.04% of the stock is owned by institutional investors and hedge funds.
About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk
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PT Telkom Indonesia (Persero) Tbk is a holding company, which engages in the provision of telecommunications, information, and technology services. It operates through the following segments: Mobile, Consumer, Enterprise, Wholesale and International Business (WIB), and Others. The Mobile segment provides mobile voice, SMS, value added services and, mobile broadband.
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