Turkcell Iletisim Hizmetleri AS (NYSE:TKC - Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $5.53, but opened at $5.38. Turkcell Iletisim Hizmetleri AS shares last traded at $5.45, with a volume of 615,092 shares.
Analyst Upgrades and Downgrades
Separately, Wall Street Zen downgraded Turkcell Iletisim Hizmetleri AS from a "strong-buy" rating to a "buy" rating in a report on Friday, July 18th.
Check Out Our Latest Analysis on Turkcell Iletisim Hizmetleri AS
Turkcell Iletisim Hizmetleri AS Stock Up 0.4%
The stock has a market cap of $5.18 billion, a PE ratio of 4.00 and a beta of 0.99. The firm has a fifty day moving average of $5.79 and a 200 day moving average of $6.08. The company has a quick ratio of 1.69, a current ratio of 1.69 and a debt-to-equity ratio of 0.52.
Turkcell Iletisim Hizmetleri AS (NYSE:TKC - Get Free Report) last posted its earnings results on Wednesday, August 13th. The Wireless communications provider reported $0.13 EPS for the quarter. The firm had revenue of $1.37 billion for the quarter. Turkcell Iletisim Hizmetleri AS had a return on equity of 7.00% and a net margin of 13.15%. On average, equities research analysts anticipate that Turkcell Iletisim Hizmetleri AS will post 0.26 EPS for the current fiscal year.
Hedge Funds Weigh In On Turkcell Iletisim Hizmetleri AS
Large investors have recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its stake in Turkcell Iletisim Hizmetleri AS by 102.5% in the second quarter. JPMorgan Chase & Co. now owns 7,829 shares of the Wireless communications provider's stock valued at $47,000 after acquiring an additional 3,963 shares in the last quarter. MAI Capital Management acquired a new position in Turkcell Iletisim Hizmetleri AS in the second quarter valued at $53,000. Foster Group Inc. acquired a new position in Turkcell Iletisim Hizmetleri AS in the second quarter valued at $67,000. HB Wealth Management LLC acquired a new position in Turkcell Iletisim Hizmetleri AS in the second quarter valued at $67,000. Finally, Hennion & Walsh Asset Management Inc. boosted its stake in Turkcell Iletisim Hizmetleri AS 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 acquiring an additional 1,816 shares in the last quarter.
About Turkcell Iletisim Hizmetleri AS
(
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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