Zacks Research upgraded shares of PT XL Axiata Tbk (OTCMKTS:PTXKY – Free Report) to a hold rating in a research report released on Wednesday,Zacks.com reports.
PT XL Axiata Tbk Price Performance
Shares of OTCMKTS:PTXKY opened at $3.32 on Wednesday. The company’s fifty day moving average is $3.37 and its two-hundred day moving average is $3.75. PT XL Axiata Tbk has a 1-year low of $2.20 and a 1-year high of $5.67.
PT XL Axiata Tbk Company Profile
PT XL Axiata Tbk is a leading Indonesian telecommunications operator that provides a comprehensive range of mobile and fixed wireless services. As a member of the Axiata Group Berhad, the company offers nationwide cellular voice, SMS and data connectivity under the XL and Axis brands. Its network portfolio spans 2G, 3G, 4G LTE and has begun initial roll-outs of 5G infrastructure in key urban centers, supported by a growing network of radio access sites and fiber-optic backhaul.
In addition to core mobile services, XL Axiata develops a portfolio of digital products and enterprise solutions.
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