PT XL Axiata Tbk (OTCMKTS:PTXKY) Shares Gap Down – Here’s What Happened

PT XL Axiata Tbk (OTCMKTS:PTXKYGet Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $3.1950, but opened at $2.80. PT XL Axiata Tbk shares last traded at $2.80, with a volume of 457 shares.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of PT XL Axiata Tbk to a “hold” rating in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold”.

View Our Latest Research Report on PTXKY

PT XL Axiata Tbk Price Performance

The company has a 50 day moving average price of $2.78 and a 200 day moving average price of $3.10.

About PT XL Axiata Tbk

(Get Free Report)

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.

Further Reading

Receive News & Ratings for PT XL Axiata Tbk Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PT XL Axiata Tbk and related companies with MarketBeat.com's FREE daily email newsletter.