PT Astra International Tbk (OTCMKTS:PTAIY) Shares Gap Up – Here’s What Happened

PT Astra International Tbk (OTCMKTS:PTAIY)’s stock price gapped up prior to trading on Monday . The stock had previously closed at $5.56, but opened at $5.80. PT Astra International Tbk shares last traded at $5.6049, with a volume of 5,074 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research upgraded PT Astra International Tbk from a “strong sell” rating to a “hold” rating in a research note on Monday, July 27th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, PT Astra International Tbk currently has a consensus rating of “Hold”.

PT Astra International Tbk Stock Up 0.9%

The stock has a fifty day moving average of $5.48 and a 200-day moving average of $6.30.

PT Astra International Tbk Company Profile

PT Astra International Tbk is an Indonesian diversified conglomerate founded in 1957. The company operates through a broad portfolio of businesses serving consumers, businesses and infrastructure projects across Indonesia, with selected activities and partnerships extending into other 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.