Telkom Indonesia (Persero) Tbk PT ADR (NYSE: TLK) is -9.97% lower on its value in year-to-date trading and has touched a low of $14.16 and a high of $25.20 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 $14.87 in the last trading session, with the day’s loss setting it -0.06%.
Currently trading at $14.81, the stock is -2.33% and -6.03% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.1 million and changing -0.40% at the moment leaves the stock -16.13% off its SMA200. TLK registered -41.39% loss for a year compared to 6-month loss of -27.54%. The firm has a 50-day simple moving average (SMA 50) of $15.7604 and a 200-day simple moving average (SMA200) of $17.65765.
The stock witnessed a -9.81% gain in the last 1 month and extending the period to 3 months gives it a -12.00%, and is -1.33% 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 1.90% over the week and 2.00% over the month.
Telkom Indonesia (Persero) Tbk PT ADR (TLK) has around 20605 employees, a market worth around $14.67B and $9.55B in sales. Current P/E ratio is 10.15 and Fwd P/E is 9.41. Profit margin for the company is 15.14%. Distance from 52-week low is 4.59% and -41.23% 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 -3.86% this year
204.0 institutions hold shares in Telkom Indonesia (Persero) Tbk PT ADR (TLK), with institutional investors hold 4.32% of the company’s shares. The shares outstanding are 990.62M, and float is at 990.50M with Short Float at 0.19%. Institutions hold 4.32% of the Float.
The top institutional shareholder in the company is RENAISSANCE TECHNOLOGIES LLC with over 3.91 million shares valued at $$73.09 million. The investor’s holdings represent 0.3946 of the TLK Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 0.87 million shares valued at $$16.22 million to account for 0.0876 of the shares outstanding. The other top investors are ENVESTNET ASSET MANAGEMENT INC which holds 0.75 million shares representing 0.0756 and valued at over $$14.01 million, while BANK OF AMERICA CORP /DE/ holds 0.0712 of the shares totaling 0.71 million with a market value of $$13.2 million.
