PT Astra International Tbk (PTAIY) Projected to Announce Quarterly Earnings on Wednesday

PT Astra International Tbk (OTCMKTS:PTAIY) is projected to announce its results before the market opens on Wednesday, November 4th. Analysts expect the company to post earnings of $0.2118 per share and revenue of $4.49 billion for the quarter.

PT Astra International Tbk Stock Up 2.0%

OTCMKTS PTAIY opened at $5.10 on Wednesday. PT Astra International Tbk has a 12 month low of $4.60 and a 12 month high of $8.79. The company has a 50-day moving average of $5.30 and a 200-day moving average of $6.42.

Analyst Ratings Changes

Separately, Zacks Research downgraded shares of PT Astra International Tbk from a “hold” rating to a “strong sell” rating in a report on Thursday, September 24th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

About PT Astra International Tbk

PT Astra International Tbk is an Indonesian diversified conglomerate founded in 1957. Through a portfolio of subsidiaries, joint ventures, and affiliated companies, Astra operates across several sectors of the Indonesian economy and serves consumers, businesses, and industrial customers throughout the country.

The company’s principal activities include automotive manufacturing, distribution, and retail; financial services; heavy equipment, mining, construction, and energy; agribusiness; infrastructure and logistics; information technology; and property development.