Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Sets New 12-Month Low at $19.47

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Get Free Report) shares hit a new 52-week low during mid-day trading on Friday . The company traded as low as $19.47 and last traded at $19.59, with a volume of 48852 shares traded. The stock had previously closed at $19.77.

Wall Street Analyst Weigh In

Separately, StockNews.com cut Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a "buy" rating to a "hold" rating in a report on Friday, April 12th.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Trading Down 0.6 %

The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.76 and a current ratio of 0.78. The firm has a market capitalization of $17.71 billion, a P/E ratio of 11.60, a PEG ratio of 0.94 and a beta of 0.72. The firm has a 50 day simple moving average of $23.93 and a two-hundred day simple moving average of $24.31.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Get Free Report) last posted its quarterly earnings data on Friday, March 22nd. The utilities provider reported $0.33 earnings per share (EPS) for the quarter. The firm had revenue of $2.43 billion for the quarter. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk had a net margin of 16.52% and a return on equity of 16.11%. Equities research analysts forecast that Perusahaan Perseroan will post 1.68 earnings per share for the current year.

Hedge Funds Weigh In On Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

Hedge funds have recently bought and sold shares of the company. American Century Companies Inc. boosted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 14.7% during the 3rd quarter. American Century Companies Inc. now owns 372,213 shares of the utilities provider's stock worth $8,970,000 after acquiring an additional 47,788 shares during the last quarter. Citigroup Inc. raised its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 44.9% during the 3rd quarter. Citigroup Inc. now owns 221,001 shares of the utilities provider's stock worth $5,326,000 after purchasing an additional 68,438 shares during the period. Van ECK Associates Corp raised its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 12.9% during the 3rd quarter. Van ECK Associates Corp now owns 82,230 shares of the utilities provider's stock worth $1,982,000 after purchasing an additional 9,416 shares during the period. State of New Jersey Common Pension Fund D raised its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.2% during the 3rd quarter. State of New Jersey Common Pension Fund D now owns 169,357 shares of the utilities provider's stock worth $4,082,000 after purchasing an additional 3,610 shares during the period. Finally, First Trust Direct Indexing L.P. raised its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 101.5% during the 3rd quarter. First Trust Direct Indexing L.P. now owns 33,919 shares of the utilities provider's stock worth $817,000 after purchasing an additional 17,083 shares during the period.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Company Profile

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.