PT Astra International Tbk (OTCMKTS:PTAIY) Shares Gap Down – Here’s What Happened

PT Astra International Tbk (OTCMKTS:PTAIYGet Free Report) shares gapped down prior to trading on Tuesday . The stock had previously closed at $6.90, but opened at $6.29. PT Astra International Tbk shares last traded at $6.10, with a volume of 5,366 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research raised PT Astra International Tbk to a “hold” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company currently has an average rating of “Hold”.

Get Our Latest Analysis on PTAIY

PT Astra International Tbk Trading Down 0.6%

The stock has a market capitalization of $12.55 billion and a P/E ratio of 0.00. The company has a 50-day moving average price of $7.21 and a 200 day moving average price of $7.68.

PT Astra International Tbk Company Profile

(Get Free Report)

PT Astra International Tbk is a leading Indonesian diversified conglomerate with interests spanning automotive, financial services, heavy equipment, agribusiness, infrastructure, logistics, information technology, and property. Founded in 1957 and headquartered in Jakarta, the company established itself early as the exclusive distributor of Toyota vehicles in Indonesia, a relationship that remains a cornerstone of its automotive business. Over the decades, Astra has expanded its product and service offerings through strategic partnerships and joint ventures with global firms, solidifying its position in several key sectors of the Indonesian economy.

The company’s automotive segment encompasses the distribution and retail of passenger cars, commercial vehicles, motorcycles, and component manufacturing.

See Also

Receive News & Ratings for PT Astra International Tbk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PT Astra International Tbk and related companies with MarketBeat.com's FREE daily email newsletter.