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

PT Astra International Tbk (OTCMKTS:PTAIY) shares 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 changing hands.

Analyst Ratings Changes

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

PT Astra International Tbk Trading Down 3.2%

The stock’s fifty day moving average price is $6.37 and its 200 day moving average price is $7.30. The stock has a market cap of $10.43 billion and a P/E ratio of 0.00.

About PT Astra International Tbk

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.