Turkcell Iletisim Hizmetleri AS (NYSE:TKC - Get Free Report) was downgraded by stock analysts at Wall Street Zen from a "strong-buy" rating to a "buy" rating in a report released on Friday.
Turkcell Iletisim Hizmetleri AS Price Performance
Turkcell Iletisim Hizmetleri AS stock remained flat at $5.78 during mid-day trading on Friday. The company's stock had a trading volume of 487,762 shares, compared to its average volume of 698,308. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.73 and a quick ratio of 1.72. The firm has a market cap of $5.09 billion, a P/E ratio of 3.93 and a beta of 0.88. Turkcell Iletisim Hizmetleri AS has a one year low of $5.54 and a one year high of $8.47. The firm has a 50-day moving average price of $6.08 and a 200 day moving average price of $6.49.
Turkcell Iletisim Hizmetleri AS (NYSE:TKC - Get Free Report) last announced its earnings results on Friday, May 9th. The Wireless communications provider reported $0.09 earnings per share (EPS) for the quarter. The firm had revenue of $1.19 billion for the quarter. Turkcell Iletisim Hizmetleri AS had a net margin of 13.52% and a return on equity of 6.56%. Equities research analysts predict that Turkcell Iletisim Hizmetleri AS will post 0.26 earnings per share for the current year.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the stock. Aquatic Capital Management LLC increased its position in Turkcell Iletisim Hizmetleri AS 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 purchasing an additional 2,145 shares during the last quarter. GeoWealth Management LLC raised its position in shares of Turkcell Iletisim Hizmetleri AS by 167.9% in the 4th quarter. GeoWealth Management LLC now owns 9,600 shares of the Wireless communications provider's stock worth $62,000 after buying an additional 6,017 shares during the period. Foster Group Inc. acquired a new position in Turkcell Iletisim Hizmetleri AS in the second quarter valued at $67,000. HB Wealth Management LLC purchased a new stake in Turkcell Iletisim Hizmetleri AS during the second quarter valued at about $67,000. Finally, Franklin Resources Inc. purchased a new stake in Turkcell Iletisim Hizmetleri AS during the fourth quarter valued at about $70,000.
Turkcell Iletisim Hizmetleri AS 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.
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