PT XL Axiata Tbk (OTCMKTS:PTXKY) Trading 3.5% Higher – Here’s Why

Shares of PT XL Axiata Tbk (OTCMKTS:PTXKY) shot up 3.5% on Thursday . The stock traded as high as $3.19 and last traded at $2.86. 3,015 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 8,778 shares. The stock had previously closed at $2.76.

PT XL Axiata Tbk Price Performance

The company has a 50 day moving average of $2.76 and a 200 day moving average of $2.78.

About PT XL Axiata Tbk

PT XL Axiata Tbk, together with its subsidiaries, provides telecommunication, telecommunications network, and multimedia services for consumers and businesses in Indonesia. The company provides cellular mobile and closed fixed network, Internet, Internet telephony and interconnection, data communication system, packet switched local fixed network, telephony, and voice over Internet protocol services.