Turkcell Iletisim Hizmetleri A.S. ADR (NYSE: TKC) is -12.14% lower on its value in year-to-date trading and has touched a low of $5.66 and a high of $8.47 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 TKC stock was last observed hovering at around $5.75 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $5.72, the stock is -4.60% and -10.73% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.15 million and changing -0.52% at the moment leaves the stock -15.91% off its SMA200. TKC registered -9.06% loss for a year compared to 6-month loss of -8.19%.
The stock witnessed a -1.38% gain in the last 1 month and extending the period to 3 months gives it a -21.43%, and is -3.21% 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 1.45% over the week and 2.41% over the month.
Current P/E ratio is 11.78 and Fwd P/E is 4.92. Profit margin for the company is 8.86%. Distance from 52-week low is 1.06% and -32.47% from its 52-week high. The company has generated returns on investments over the last 12 months (6.26%).
The EPS is expected to grow by 87.41% this year
The shares outstanding are 871.64M, and float is at 871.63M with Short Float at 0.12%.
The top institutional shareholder in the company is MORGAN STANLEY with over 10.89 million shares valued at $82.57 million. The investor’s holdings represent 0.4988 of the TKC Shares outstanding. As of 2024-06-30, the second largest holder is MACQUARIE GROUP LTD with 4.79 million shares valued at $36.3 million to account for 0.2193 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.48 million shares representing 0.1136 and valued at over $18.8 million, while O’SHAUGHNESSY ASSET MANAGEMENT, LLC holds 0.0607 of the shares totaling 1.32 million with a market value of $10.04 million.
