Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Sets New 1-Year Low – Should You Sell?

Shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) reached a new 52-week low on Friday . The stock traded as low as $13.99 and last traded at $14.14, with a volume of 136661 shares. The stock had previously closed at $14.35.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Down 1.4 %

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 firm has a market cap of $14.02 billion, a price-to-earnings ratio of 9.82, a P/E/G ratio of 2.18 and a beta of 0.76. The firm’s fifty day moving average is $15.70 and its two-hundred day moving average is $17.20.

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

Institutional investors and hedge funds have recently bought and sold shares of the business. Sanctuary Advisors LLC lifted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.1% in the 3rd quarter. Sanctuary Advisors LLC now owns 42,484 shares of the utilities provider’s stock valued at $840,000 after acquiring an additional 10,070 shares during the last quarter. Northcape Capital Pty Ltd lifted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 17.2% in the 4th quarter. Northcape Capital Pty Ltd now owns 529,865 shares of the utilities provider’s stock valued at $8,716,000 after acquiring an additional 77,655 shares during the last quarter. Haven Global Partners LLC acquired a new stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter valued at about $3,291,000. Allspring Global Investments Holdings LLC lifted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.2% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 4,521,500 shares of the utilities provider’s stock valued at $74,966,000 after acquiring an additional 98,552 shares during the last quarter. Finally, DGS Capital Management LLC lifted its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 31.4% in the 4th quarter. DGS Capital Management LLC now owns 75,421 shares of the utilities provider’s stock valued at $1,241,000 after acquiring an additional 18,035 shares during the last quarter.

About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

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.