Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) fell 2.5% during mid-day trading on Friday . The stock traded as low as $8.22 and last traded at $8.22, with a volume of 249,728 shares traded. The stock had previously closed at $8.43.

Separately, Zacks Investment Research raised shares of Turkcell Iletisim Hizmetleri A.S. from a “sell” rating to a “hold” rating in a research report on Saturday.

The firm’s 50-day moving average is $8.72 and its 200 day moving average is $9.38. The stock’s market capitalization is $7.24 billion.

Turkcell Iletisim Hizmetleri AS is engaged in establishing and operating a global system for mobile communications (GSM) network in Turkey and regional states. The Company provides services to its consumer and corporate customers with its mobile, fixed broadband, television products and other media services.

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