PT Astra International Tbk (OTCMKTS:PTAIY) Sets New 12-Month Low – Time to Sell?

PT Astra International Tbk (OTCMKTS:PTAIY – Get Free Report) shares hit a new 52-week low during trading on Thursday. The stock traded as low as $4.97 and last traded at $4.97, with a volume of 2817 shares trading hands. The stock had previously closed at $5.20.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded PT Astra International Tbk from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 24th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, PT Astra International Tbk has an average rating of “Sell”.

Read Our Latest Report on PTAIY

PT Astra International Tbk Stock Down 2.9%

The firm has a 50 day moving average price of $5.44 and a 200 day moving average price of $6.09.

PT Astra International Tbk Company Profile

(Get Free Report)

PT Astra International Tbk is an Indonesian diversified conglomerate headquartered in Jakarta. Founded in 1957, the company has developed a broad portfolio of businesses serving Indonesia’s automotive, industrial, consumer and infrastructure markets.

Astra’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.

Featured Stories

Receive News & Ratings for PT Astra International Tbk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PT Astra International Tbk and related companies with MarketBeat.com's FREE daily email newsletter.