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

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

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered shares of 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 data from MarketBeat.com, the stock currently has a consensus rating of “Sell”.

Get Our Latest Research Report on PT Astra International Tbk

PT Astra International Tbk Price Performance

The company has a 50-day simple moving average of $5.44 and a two-hundred day simple moving average 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.

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