PT Astra International Tbk (OTCMKTS:PTAIY) Hits New 1-Year Low – Time to Sell?

PT Astra International Tbk (OTCMKTS:PTAIY) shares hit a new 52-week low on Friday . The company traded as low as $5.29 and last traded at $5.33, with a volume of 299553 shares changing hands. The stock had previously closed at $5.45.

Wall Street Analyst Weigh In

Separately, Zacks Research raised PT Astra International Tbk to a “hold” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold”.

PT Astra International Tbk Stock Performance

The firm has a market cap of $10.70 billion and a P/E ratio of 0.00. The company has a 50 day moving average of $7.07 and a 200 day moving average of $7.60.

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.