PT XL Axiata Tbk (OTCMKTS:PTXKY) Upgraded at Zacks Research

PT XL Axiata Tbk (OTCMKTS:PTXKYGet Free Report) was upgraded by equities research analysts at Zacks Research to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

PT XL Axiata Tbk Price Performance

Shares of PT XL Axiata Tbk stock opened at $3.32 on Wednesday. The firm has a 50 day simple moving average of $3.37 and a 200 day simple moving average of $3.75. PT XL Axiata Tbk has a fifty-two week low of $2.20 and a fifty-two week high of $5.67.

PT XL Axiata Tbk Company Profile

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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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