PT Astra International Tbk (OTCMKTS:PTAIY – Get Free Report) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Monday,Zacks.com reports.
PT Astra International Tbk Stock Performance
Shares of OTCMKTS PTAIY opened at $5.56 on Monday. PT Astra International Tbk has a fifty-two week low of $5.02 and a fifty-two week high of $8.79. The company has a 50 day simple moving average of $5.59 and a two-hundred day simple moving average of $6.92. The company has a market capitalization of $11.25 billion and a price-to-earnings ratio of 0.00.
PT Astra International Tbk Company Profile
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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