PT Astra International Tbk (OTCMKTS:PTAIY) Shares Up 7.1% – Time to Buy?

PT Astra International Tbk (OTCMKTS:PTAIY) rose 7.1% on Friday . The stock traded as high as $5.76 and last traded at $5.76. 5,944 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 220,885 shares. The stock had previously closed at $5.38.

Analyst Ratings Changes

Separately, Zacks Research cut PT Astra International Tbk from a “hold” rating to a “strong sell” rating in a research note on Friday, June 12th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, PT Astra International Tbk has a consensus rating of “Sell”.

PT Astra International Tbk Stock Performance

The company’s 50-day moving average price is $5.81 and its 200 day moving average price is $7.06. The stock has a market capitalization of $11.56 billion and a PE ratio of 0.00.

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.