Shares of PT XL Axiata Tbk (OTCMKTS:PTXKY – Get Free Report) dropped 8% during trading on Friday . The company traded as low as $2.87 and last traded at $2.87. Approximately 2,932 shares changed hands during trading, a decline of 82% from the average daily volume of 16,370 shares. The stock had previously closed at $3.12.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised shares of PT XL Axiata Tbk to a “hold” rating in a research note on Wednesday, May 13th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, PT XL Axiata Tbk has an average rating of “Hold”.
Read Our Latest Report on PTXKY
PT XL Axiata Tbk Price Performance
PT XL Axiata Tbk Company Profile
PT XL Axiata Tbk is a leading Indonesian telecommunications operator that provides a comprehensive range of mobile and fixed wireless services. As a member of the Axiata Group Berhad, the company offers nationwide cellular voice, SMS and data connectivity under the XL and Axis brands. Its network portfolio spans 2G, 3G, 4G LTE and has begun initial roll-outs of 5G infrastructure in key urban centers, supported by a growing network of radio access sites and fiber-optic backhaul.
In addition to core mobile services, XL Axiata develops a portfolio of digital products and enterprise solutions.
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