PT Astra International Tbk (OTCMKTS:PTAIY) Reaches New 52-Week Low – Time to Sell?

PT Astra International Tbk (OTCMKTS:PTAIY – Get Free Report)’s stock price hit a new 52-week low on Friday. The stock traded as low as $4.72 and last traded at $4.72, with a volume of 265,259 shares. The stock had previously closed at $5.45.

Analyst Upgrades and Downgrades

Separately, Zacks Research downgraded shares of PT Astra International Tbk from a “hold” rating to a “strong sell” rating in a research note on Thursday, September 24th. One research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, PT Astra International Tbk presently has an average rating of “Sell”.

Read Our Latest Research Report on PTAIY

PT Astra International Tbk Stock Performance

The stock has a 50-day moving average price of $5.39 and a 200-day moving average price of $5.95.

PT Astra International Tbk Company Profile

(Get Free Report)

PT Astra International Tbk is an Indonesian diversified conglomerate headquartered in Jakarta. Founded in 1957, the company has developed a broad portfolio of businesses serving Indonesia’s automotive, industrial, consumer and infrastructure 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.

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