PT Astra International Tbk (OTCMKTS:PTAIY – Get Free Report) shares passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $5.30 and traded as high as $5.52. PT Astra International Tbk shares last traded at $5.38, with a volume of 176,284 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Zacks Research downgraded PT Astra International Tbk from a “hold” rating to a “strong sell” rating in a report on Thursday, September 24th. One analyst has rated the stock with a Sell rating. According to MarketBeat, PT Astra International Tbk currently has an average rating of “Sell”.
Check Out Our Latest Report on PT Astra International Tbk
PT Astra International Tbk Price Performance
The company’s 50-day simple moving average is $5.30 and its 200-day simple moving average is $6.40.
PT Astra International Tbk Company Profile
PT Astra International Tbk is an Indonesian diversified conglomerate founded in 1957. Through a portfolio of subsidiaries, joint ventures, and affiliated companies, Astra operates across several sectors of the Indonesian economy and serves consumers, businesses, and industrial customers throughout the country.
The company’s principal activities include automotive manufacturing, distribution, and retail; financial services; heavy equipment, mining, construction, and energy; agribusiness; infrastructure and logistics; information technology; and property development.
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