Türk Telekomünikasyon Anonim Sirketi (OTCMKTS:TRKNY) Stock Price Up 12.8% – Time to Buy?

Türk Telekomünikasyon Anonim Sirketi (OTCMKTS:TRKNY)’s stock price was up 12.8% on Friday . The stock traded as high as $3.25 and last traded at $3.00. Approximately 200 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 1,041 shares. The stock had previously closed at $2.66.

Türk Telekomünikasyon Anonim Sirketi Price Performance

The company’s fifty day simple moving average is $2.65 and its 200 day simple moving average is $2.69.

Türk Telekomünikasyon Anonim Sirketi Company Profile

Türk Telekomünikasyon Anonim ?irketi (OTCMKTS: TRKNY) is Turkey’s leading integrated telecommunications provider, offering a broad portfolio of fixed?line, mobile, broadband and digital television services. Headquartered in Ankara, the company operates through an extensive fiber and copper network that spans urban and rural regions across the country. Its core operations include fixed?voice telephony, high?speed internet access under both DSL and fiber?to?the-home (FTTH) technologies, and a mobile business serving millions of subscribers under its own brand.

In addition to traditional voice and data services, Türk Telekom has expanded into enterprise solutions, cloud computing, cyber security and managed data services.