Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Sets New 12-Month Low at $18.18

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Get Free Report) reached a new 52-week low during trading on Wednesday . The company traded as low as $18.18 and last traded at $18.33, with a volume of 292183 shares trading hands. The stock had previously closed at $18.39.

Analyst Ratings Changes

Separately, StockNews.com raised Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk from a "hold" rating to a "buy" rating in a research note on Saturday, April 20th.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Trading Down 0.3 %

The company has a market capitalization of $16.51 billion, a P/E ratio of 11.39, a price-to-earnings-growth ratio of 1.40 and a beta of 0.76. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.87 and a quick ratio of 0.85. The firm has a fifty day moving average price of $20.86 and a 200-day moving average price of $23.60.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK - Get Free Report) last announced its quarterly earnings data on Thursday, April 18th. The utilities provider reported $0.37 earnings per share for the quarter. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk had a return on equity of 15.72% and a net margin of 16.12%. The business had revenue of $2.25 billion during the quarter. On average, equities research analysts anticipate that Perusahaan Perseroan will post 1.72 earnings per share for the current year.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Cuts Dividend

The firm also recently disclosed an annual dividend, which will be paid on Monday, June 17th. Investors of record on Monday, May 20th will be given a $1.1116 dividend. The ex-dividend date is Friday, May 17th. This represents a dividend yield of 8.8%. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk's dividend payout ratio (DPR) is presently 52.17%.

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

A number of large investors have recently added to or reduced their stakes in TLK. Mather Group LLC. purchased a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the first quarter worth about $40,000. EverSource Wealth Advisors LLC grew its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 107.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,170 shares of the utilities provider's stock valued at $56,000 after acquiring an additional 1,124 shares during the period. CWM LLC grew its position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 153.0% during the 4th quarter. CWM LLC now owns 2,517 shares of the utilities provider's stock valued at $65,000 after acquiring an additional 1,522 shares during the period. Tower Research Capital LLC TRC boosted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 529.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 2,939 shares of the utilities provider's stock worth $76,000 after buying an additional 2,472 shares during the period. Finally, BNP Paribas Financial Markets boosted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.4% in the 1st quarter. BNP Paribas Financial Markets now owns 6,814 shares of the utilities provider's stock worth $152,000 after buying an additional 1,011 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.