PT Astra International Tbk (OTCMKTS:PTAIY) Shares Gap Down – Time to Sell?

PT Astra International Tbk (OTCMKTS:PTAIY) shares gapped down prior to trading on Monday . The stock had previously closed at $5.45, but opened at $5.14. PT Astra International Tbk shares last traded at $5.0550, with a volume of 5,969 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research upgraded PT Astra International Tbk to a “hold” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

PT Astra International Tbk Stock Down 0.4%

The stock has a market cap of $10.28 billion and a P/E ratio of 0.00. The business has a 50 day moving average price of $7.01 and a two-hundred day moving average price of $7.58.

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.