Shares of PT Astra International Tbk (OTCMKTS:PTAIY – Get Free Report) were up 7.1% on Friday . The company traded as high as $5.76 and last traded at $5.76. 5,944 shares were traded during trading, a decline of 97% from the average session volume of 220,885 shares. The stock had previously closed at $5.38.
Wall Street Analysts Forecast Growth
Separately, Zacks Research lowered PT Astra International Tbk from a “hold” rating to a “strong sell” rating in a research report on Friday, June 12th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, PT Astra International Tbk presently has a consensus rating of “Sell”.
Check Out Our Latest Analysis on PTAIY
PT Astra International Tbk Stock Up 0.9%
About PT Astra International Tbk
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.
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