PT Astra International Tbk (OTCMKTS:PTAIY) Shares Gap Up – Here’s Why

PT Astra International Tbk (OTCMKTS:PTAIY – Get Free Report) gapped up before the market opened on Wednesday. The stock had previously closed at $5.35, but opened at $5.5335. PT Astra International Tbk shares last traded at $5.44, with a volume of 12,991 shares traded.

Analysts Set New Price Targets

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

Read Our Latest Research Report on PT Astra International Tbk

PT Astra International Tbk Trading Down 0.9%

The company has a fifty day moving average of $5.39 and a two-hundred day moving average of $5.98.

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.

Further Reading

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.