Telkom Indonesia (Persero) Tbk PT ADR (NYSE: TLK) is -7.90% lower on its value in year-to-date trading and has touched a low of $14.16 and a high of $25.40 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 $15.44 in the last trading session, with the day’s loss setting it -0.29%.
Currently trading at $15.15, the stock is -1.60% and -5.47% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing -1.88% at the moment leaves the stock -14.91% off its SMA200. TLK registered -39.50% loss for a year compared to 6-month loss of -22.90%.
The stock witnessed a -5.08% gain in the last 1 month and extending the period to 3 months gives it a -9.55%, and is -1.30% 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 2.57% over the week and 2.15% over the month.
Telkom Indonesia (Persero) Tbk PT ADR (TLK) has around 20605 employees, a market worth around $15.01B and $9.55B in sales. Current P/E ratio is 10.39 and Fwd P/E is 9.62. Profit margin for the company is 15.14%. Distance from 52-week low is 6.99% and -40.35% from its 52-week high. The company has generated returns on investments over the last 12 months (12.51%).
with sales reaching $38.66T over the same period.The EPS is expected to shrink by -3.85% this year, but quarterly earnings will post 1.31% year-over-year. Quarterly sales are estimated to grow 1.78% in year-over-year returns.
The shares outstanding are 990.62M, and float is at 990.62M with Short Float at 0.20%.
The top institutional shareholder in the company is RENAISSANCE TECHNOLOGIES LLC with over 3.91 million shares valued at $73.09 million. The investor’s holdings represent 0.3946 of the TLK Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 1.5 million shares valued at $28.02 million to account for 0.1513 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 0.87 million shares representing 0.0876 and valued at over $16.22 million, while ENVESTNET ASSET MANAGEMENT INC holds 0.0756 of the shares totaling 0.75 million with a market value of $14.01 million.
