Türk Telekomünikasyon Anonim Sirketi (OTCMKTS:TRKNY) Stock Price Up 14% – Still a Buy?

Türk Telekomünikasyon Anonim Sirketi (OTCMKTS:TRKNYGet Free Report)’s share price rose 14% during mid-day trading on Friday . The company traded as high as $3.00 and last traded at $2.61. Approximately 400 shares traded hands during trading, a decline of 65% from the average session volume of 1,141 shares. The stock had previously closed at $2.29.

Türk Telekomünikasyon Anonim Sirketi Stock Up 14.0%

The firm’s 50-day simple moving average is $2.88 and its 200 day simple moving average is $3.17.

About Türk Telekomünikasyon Anonim Sirketi

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Türk Telekomünikasyon Anonim Şirketi (OTCMKTS: TRKNY) is Turkey’s leading integrated telecommunications provider, offering a broad portfolio of fixed‐line, mobile, broadband and digital television services. Headquartered in Ankara, the company operates through an extensive fiber and copper network that spans urban and rural regions across the country. Its core operations include fixed‐voice telephony, high‐speed internet access under both DSL and fiber‐to‐the-home (FTTH) technologies, and a mobile business serving millions of subscribers under its own brand.

In addition to traditional voice and data services, Türk Telekom has expanded into enterprise solutions, cloud computing, cyber security and managed data services.

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