Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Shares Gap Down – Time to Sell?

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) shares gapped down prior to trading on Tuesday . The stock had previously closed at $14.79, but opened at $14.20. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk shares last traded at $14.58, with a volume of 92,923 shares changing hands.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Price Performance

The company has a market cap of $14.32 billion, a price-to-earnings ratio of 10.05, a PEG ratio of 2.10 and a beta of 0.77. The company has a 50-day simple moving average of $16.49 and a 200-day simple moving average of $17.83. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.69 and a current ratio of 0.70.

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

Several institutional investors have recently made changes to their positions in TLK. Brandes Investment Partners LP acquired a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the fourth quarter worth about $742,000. EverSource Wealth Advisors LLC grew its holdings in shares of 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 acquiring an additional 662 shares during the period. Sequoia Financial Advisors LLC purchased a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter valued at approximately $185,000. Generali Investments CEE investicni spolecnost a.s. purchased a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk in the 4th quarter valued at approximately $392,000. Finally, Bank Julius Baer & Co. Ltd Zurich acquired a new position in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the fourth quarter worth $531,000.

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.