Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK) Shares Gap Up – Should You Buy?

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk (NYSE:TLK)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $14.08, but opened at $14.55. Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk shares last traded at $14.68, with a volume of 93,336 shares.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk Stock Performance

The company’s 50-day moving average is $15.56 and its two-hundred day moving average is $17.05. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 0.14. The company has a market cap of $14.56 billion, a P/E ratio of 10.20, a price-to-earnings-growth ratio of 2.18 and a beta of 0.76.

Institutional Investors Weigh In On Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

Several large investors have recently modified their holdings of TLK. Two Sigma Advisers LP grew its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 189.3% during the fourth quarter. Two Sigma Advisers LP now owns 37,900 shares of the utilities provider’s stock valued at $623,000 after purchasing an additional 24,800 shares during the period. Citadel Advisors LLC purchased a new position in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk during the 4th quarter valued at $16,533,000. Jane Street Group LLC grew its stake in shares of Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 351.3% during the 4th quarter. Jane Street Group LLC now owns 77,163 shares of the utilities provider’s stock worth $1,269,000 after acquiring an additional 60,064 shares during the period. Dimensional Fund Advisors LP increased its holdings in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 2.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 639,435 shares of the utilities provider’s stock worth $10,518,000 after acquiring an additional 16,915 shares during the last quarter. Finally, Jump Financial LLC raised its stake in Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk by 100.0% in the 4th quarter. Jump Financial LLC now owns 54,998 shares of the utilities provider’s stock valued at $905,000 after acquiring an additional 27,496 shares during the period.

About Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk provides information and communications technology, and telecommunications network services worldwide. The company operates through mobile, consumer, enterprise, Wholesale and International Business, and Other segments. The Mobile segment offers mobile voice, SMS, value added services, and mobile broadband services.