Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) Sets New 1-Year Low - What's Next?

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC - Get Free Report) shares hit a new 52-week low during trading on Tuesday . The stock traded as low as $5.66 and last traded at $5.73, with a volume of 1164113 shares changing hands. The stock had previously closed at $5.87.

Turkcell Iletisim Hizmetleri A.S. Trading Up 1.7 %

The firm has a market capitalization of $5.32 billion, a price-to-earnings ratio of 4.11 and a beta of 0.91. The company has a debt-to-equity ratio of 0.41, a quick ratio of 1.81 and a current ratio of 1.82. The company has a 50 day moving average price of $6.30 and a two-hundred day moving average price of $6.65.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC - Get Free Report) last posted its quarterly earnings data on Friday, May 9th. The Wireless communications provider reported $0.09 earnings per share for the quarter. Turkcell Iletisim Hizmetleri A.S. had a net margin of 12.82% and a return on equity of 4.05%. The company had revenue of $1.19 billion during the quarter. On average, research analysts forecast that Turkcell Iletisim Hizmetleri A.S. will post 0.26 EPS for the current year.

Turkcell Iletisim Hizmetleri A.S. Announces Dividend

The company also recently announced a -- dividend, which will be paid on Wednesday, January 7th. Stockholders of record on Monday, December 29th will be given a $0.0866 dividend. The ex-dividend date is Monday, December 29th. This represents a dividend yield of 2.9%. Turkcell Iletisim Hizmetleri A.S.'s dividend payout ratio (DPR) is presently 11.56%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in TKC. Advisors Preferred LLC acquired a new stake in shares of Turkcell Iletisim Hizmetleri A.S. in the first quarter valued at about $156,000. Cerity Partners LLC raised its holdings in Turkcell Iletisim Hizmetleri A.S. by 47.6% in the 1st quarter. Cerity Partners LLC now owns 198,885 shares of the Wireless communications provider's stock valued at $1,237,000 after acquiring an additional 64,109 shares during the last quarter. PDS Planning Inc lifted its stake in Turkcell Iletisim Hizmetleri A.S. by 12.1% in the 1st quarter. PDS Planning Inc now owns 33,924 shares of the Wireless communications provider's stock worth $211,000 after purchasing an additional 3,662 shares in the last quarter. RHS Financial LLC acquired a new position in shares of Turkcell Iletisim Hizmetleri A.S. during the 1st quarter worth approximately $160,000. Finally, Hennion & Walsh Asset Management Inc. grew its position in shares of Turkcell Iletisim Hizmetleri A.S. by 17.1% in the first quarter. Hennion & Walsh Asset Management Inc. now owns 12,417 shares of the Wireless communications provider's stock valued at $77,000 after purchasing an additional 1,816 shares in the last quarter.

About Turkcell Iletisim Hizmetleri A.S.

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.