Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Shares Gap Up – Should You Buy?

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLKGet Free Report) shares gapped up before the market opened on Wednesday . The stock had previously closed at $14.54, but opened at $14.87. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk shares last traded at $15.06, with a volume of 142,132 shares traded.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Price Performance

The company has a debt-to-equity ratio of 0.14, a current ratio of 0.70 and a quick ratio of 0.69. The stock has a market capitalization of $15.07 billion, a price-to-earnings ratio of 10.56, a price-to-earnings-growth ratio of 2.10 and a beta of 0.77. The company has a 50-day simple moving average of $16.38 and a two-hundred day simple moving average of $17.78.

Institutional Trading of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

Large investors have recently modified their holdings of the company. GAMMA Investing LLC grew its position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.5% in the 4th quarter. GAMMA Investing LLC now owns 1,506 shares of the utilities provider’s stock worth $25,000 after purchasing an additional 643 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 49.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,992 shares of the utilities provider’s stock worth $33,000 after buying an additional 662 shares in the last quarter. SBI Securities Co. Ltd. acquired a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter valued at approximately $53,000. TD Private Client Wealth LLC raised its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% during the 3rd quarter. TD Private Client Wealth LLC now owns 4,870 shares of the utilities provider’s stock valued at $96,000 after acquiring an additional 1,165 shares in the last quarter. Finally, Blue Trust Inc. raised its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 74.0% during the 4th quarter. Blue Trust Inc. now owns 7,315 shares of the utilities provider’s stock valued at $120,000 after acquiring an additional 3,110 shares in the last quarter.

About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

(Get Free Report)

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.

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