Telkom Indonesia (Persero) Tbk PT ADR (NYSE: TLK) is 0.18% higher on its value in year-to-date trading and has touched a low of $15.35 and a high of $26.85 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The TLK stock was last observed hovering at around $16.19 in the last trading session, with the day’s gains setting it 0.29%.
Currently trading at $16.48, the stock is 1.13% and -1.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.4 million and changing 1.79% at the moment leaves the stock -10.72% off its SMA200. TLK registered -35.60% loss for a year compared to 6-month loss of -16.81%. The firm has a 50-day simple moving average (SMA 50) of $16.6646 and a 200-day simple moving average (SMA200) of $18.45955.
The stock witnessed a -0.12% gain in the last 1 month and extending the period to 3 months gives it a -14.03%, and is 1.54% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.63% over the week and 2.05% over the month.
Telkom Indonesia (Persero) Tbk PT ADR (TLK) has around 20605 employees, a market worth around $16.33B and $9.55B in sales. Current P/E ratio is 11.30 and Fwd P/E is 10.19. Profit margin for the company is 15.14%. Distance from 52-week low is 7.33% and -38.62% from its 52-week high. The company has generated returns on investments over the last 12 months (12.51%).
The EPS is expected to shrink by -1.04% this year.
Telkom Indonesia (Persero) Tbk PT ADR (TLK) Top Institutional Holders
The shares outstanding are 990.62M, and float is at 990.50M with Short Float at 0.20%.
The top institutional shareholder in the company is LAZARD ASSET MANAGEMENT LLC with over 12.04 million shares valued at $225.24 million. The investor’s holdings represent 1.2159% of the TLK Shares outstanding. As of 2024-06-30, the second largest holder is ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC with 4.57 million shares valued at $85.41 million to account for 0.4611 of the shares outstanding. The other top investors are RENAISSANCE TECHNOLOGIES LLC which holds 3.91 million shares representing 0.3946% and valued at over $73.09 million, while HARDING LOEVNER LP holds 0.3833 of the shares totaling 3.8 million with a market value of $70.99 million.
Telkom Indonesia (Persero) Tbk PT ADR (TLK) Insider Activity
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