Telkom Indonesia (Persero) Tbk PT ADR (NYSE: TLK) is -2.61% lower 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 make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The TLK stock was last observed hovering at around $16.30 in the last trading session, with the day’s loss setting it -0.28%.
Currently trading at $16.02, the stock is -3.42% and -3.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.29 million and changing -1.72% at the moment leaves the stock -12.28% off its SMA200. TLK registered -36.75% loss for a year compared to 6-month loss of -10.20%. The firm has a 50-day simple moving average (SMA 50) of $16.6762 and a 200-day simple moving average (SMA200) of $18.2618.
The stock witnessed a -2.50% gain in the last 1 month and extending the period to 3 months gives it a -12.17%, and is -6.04% down 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 2.40% over the week and 2.12% over the month.
Telkom Indonesia (Persero) Tbk PT ADR (TLK) has around 20605 employees, a market worth around $15.87B and $9.55B in sales. Current P/E ratio is 10.98 and Fwd P/E is 10.00. Profit margin for the company is 15.14%. Distance from 52-week low is 4.34% and -40.34% from its 52-week high. The company has generated returns on investments over the last 12 months (12.51%).
with sales reaching $38.79T over the same period.The EPS is expected to shrink by -2.51% this year, but quarterly earnings will post 2.59% year-over-year. Quarterly sales are estimated to grow 2.13% in year-over-year returns.
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 0.19%.
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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