PT Astra International Tbk (OTCMKTS:PTAIY) Hits New 12-Month Low – Here’s Why

PT Astra International Tbk (OTCMKTS:PTAIY – Get Free Report) reached a new 52-week low during trading on Friday. The company traded as low as $4.72 and last traded at $4.72, with a volume of 265,259 shares. The stock had previously closed at $5.45.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of PT Astra International Tbk from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 24th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat, the stock has a consensus rating of “Sell”.

Read Our Latest Report on PT Astra International Tbk

PT Astra International Tbk Trading Down 9.3%

The firm has a fifty day moving average of $5.39 and a 200-day moving average of $5.95.

About PT Astra International Tbk

(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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