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What Do Analysts Have To Say About Turkcell Iletisim Hizmetleri A.S. (TKC)

How have the shares performed?

Turkcell Iletisim Hizmetleri A.S. (TKC) saw an uptrend of 0.34% in the recent trading with $5.91 being its most recent. The current price level -7.08% lower than the highest price of $6.36 marked by the stock while trading over the past 52-weeks, whereas it is 35.55% higher than the lowest price of $4.36 the company dropped to over past 52-weeks. The latest news story on TKC appeared in Business Wire under the title “BiP Booms Beyond Turkey” on Jan-20-21.

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Squeezing the time span to 30 day period shows us the stock is currently trading -0.51% below one month high and is +10.06% above of the lowest during that time. Looking into the simple moving average, Turkcell Iletisim Hizmetleri A.S. (TKC)’s stock stands at a SMA-50 of $5.38 while that of 5-day is reading $5.84.

Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and TKC’s SMA-200 as of now is $5.22.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Moderate Buy by 16 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock.

Turkcell Iletisim Hizmetleri A.S. Earnings – What Happened With TKC

Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. During the reported three-month period, company’s sales were $7.65 billion.

TKC – Turkcell Iletisim Hizmetleri A.S. Stock Earnings Estimates

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 880.47 million. TKC does have institutional investors; and they hold 3.10% of the stock.

Turkcell Iletisim Hizmetleri A.S. – Insider Activity and Holdings

As on Sep 29, 2020, Morgan Stanley was the top most holder in Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) with an ownership of 9.36 million shares of the company or 19.45% of the stake worth $44.85 million. The filing also reveals Oldfield Partners LLP as the second largest holder in the company with a control over 15.51% of the outstanding shares. Its stake is worth $40.25 million for having 7.47 million shares in hand.

Macquarie Group Limited also came holding a key position in the company during the recent quarter and it now holds 5.50% of the outstanding shares. With this there are now 106 institutions which have possession in TKC’s shares.

Currently, the stock has been recommended as Moderate Buy by 16 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 2.00 for the stock.

The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, current ratio recorded by Turkcell Iletisim Hizmetleri A.S. was 1.53 while posting a debt to equity ratio of 1.13. The count was 70.25 for long-term debt to equity ratio.

Turkcell Iletisim Hizmetleri A.S.’s return on equity, or ROE, is 19.90%, compared to the industry average of 5.88% for Communication Services – Telecom Services. Although this indicates that TKC uses its equity well, the metric will vary significantly depending on the industry.

Technical Analysis of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) stock

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To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Turkcell Iletisim Hizmetleri A.S. (TKC), we notice that the stock’s 20-day average volume is at 296,890 shares and 100% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 100% are spotting the stock at Buy with its 50-day average volume of 311,746 shares. And to end, TKC’s 100-day average volume is 311,768 shares with 50% of the long-term indicators pointing towards Buy for the stock.

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