PT Astra International Tbk (OTCMKTS:PTAIY) Shares Gap Down – Should You Sell?

PT Astra International Tbk (OTCMKTS:PTAIY)’s stock price gapped down before the market opened on Tuesday . The stock had previously closed at $5.43, but opened at $5.17. PT Astra International Tbk shares last traded at $5.17, with a volume of 1,243 shares traded.

Wall Street Analyst Weigh In

Separately, Zacks Research lowered PT Astra International Tbk from a “hold” rating to a “strong sell” rating in a report on Friday, June 12th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

PT Astra International Tbk Price Performance

The business’s fifty day moving average price is $6.37 and its 200-day moving average price is $7.30. The stock has a market capitalization of $10.43 billion and a PE ratio of 0.00.

PT Astra International Tbk Company Profile

PT Astra International Tbk is a leading Indonesian diversified conglomerate with interests spanning automotive, financial services, heavy equipment, agribusiness, infrastructure, logistics, information technology, and property. Founded in 1957 and headquartered in Jakarta, the company established itself early as the exclusive distributor of Toyota vehicles in Indonesia, a relationship that remains a cornerstone of its automotive business. Over the decades, Astra has expanded its product and service offerings through strategic partnerships and joint ventures with global firms, solidifying its position in several key sectors of the Indonesian economy.

The company’s automotive segment encompasses the distribution and retail of passenger cars, commercial vehicles, motorcycles, and component manufacturing.