Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Sets New 52-Week Low – What’s Next?

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $14.70 and last traded at $14.67, with a volume of 228331 shares traded. The stock had previously closed at $15.69.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Trading Down 5.9 %

The company has a 50 day moving average of $16.53 and a 200 day moving average of $17.86. The firm has a market cap of $14.63 billion, a price-to-earnings ratio of 10.25, a price-to-earnings-growth ratio of 2.10 and a beta of 0.77. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 0.14.

Institutional Investors Weigh In On Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

Several large investors have recently made changes to their positions in TLK. GAMMA Investing LLC increased its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.5% during the 4th quarter. GAMMA Investing LLC now owns 1,506 shares of the utilities provider’s stock valued at $25,000 after purchasing an additional 643 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 49.8% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,992 shares of the utilities provider’s stock valued at $33,000 after buying an additional 662 shares during the last quarter. Saturna Capital Corp lifted its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 0.9% during the 3rd quarter. Saturna Capital Corp now owns 83,782 shares of the utilities provider’s stock worth $1,657,000 after buying an additional 782 shares in the last quarter. First Affirmative Financial Network grew its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 7.6% during the 4th quarter. First Affirmative Financial Network now owns 13,720 shares of the utilities provider’s stock worth $226,000 after acquiring an additional 972 shares during the last quarter. Finally, TD Private Client Wealth LLC raised 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 acquiring an additional 1,165 shares during the last quarter.

About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

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.