PT XL Axiata Tbk (OTCMKTS:PTXKY – Get Free Report) was upgraded by stock analysts at Zacks Research to a “hold” rating in a note issued to investors on Wednesday,Zacks.com reports.
PT XL Axiata Tbk Stock Performance
Shares of OTCMKTS:PTXKY opened at $3.32 on Wednesday. PT XL Axiata Tbk has a 1-year low of $2.20 and a 1-year high of $5.67. The business has a fifty day moving average price of $3.37 and a 200-day moving average price of $3.75.
About PT XL Axiata Tbk
PT XL Axiata Tbk is a leading Indonesian telecommunications operator that provides a comprehensive range of mobile and fixed wireless services. As a member of the Axiata Group Berhad, the company offers nationwide cellular voice, SMS and data connectivity under the XL and Axis brands. Its network portfolio spans 2G, 3G, 4G LTE and has begun initial roll-outs of 5G infrastructure in key urban centers, supported by a growing network of radio access sites and fiber-optic backhaul.
In addition to core mobile services, XL Axiata develops a portfolio of digital products and enterprise solutions.
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