Estimating Price Trends For Turkcell Iletisim Hizmetleri A.S. ADR (NYSE: TKC)

Turkcell Iletisim Hizmetleri A.S. ADR (NYSE:TKC) does about 886.36K shares in volume on a normal day but saw 812076 shares change hands in the recent trading day. The company now has a market cap of 6.11B USD. Its current market price is $7.00, marking an increase of 4.79% compared to the previous close of $6.68. The 52 week high reached by this stock is $8.47 whilst the lowest price level in 52 weeks is $4.07.

Turkcell Iletisim Hizmetleri A.S. ADR (TKC) has a 20-day trading average at $7.44 and the current price is -17.36% off the 52-week high compared with 71.99% distance from its 52-week low. The 50-day simple moving average of the closing price is $7.67 and its 200-day simple moving average is $6.10. If we look at the stock’s price movements over the week, volatility stands at 2.08%, which decreases to 2.07% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 37.46 to suggest the stock is neutral.

The consensus objective for the share price is $9.83, suggesting that the stock has a potential upside of 28.79% over the period.

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The current price level is -6.40%, -8.82%, and 15.04% away from its SMA20, SMA50, and SMA200 respectively, with the TKC price moving above the 50-day SMA on current market day. Turkcell Iletisim Hizmetleri A.S. ADR (TKC) stock is down -3.98% over the week and -10.60% over the past month. Its price is 45.53% year-to-date and 29.63% over the past year.

The stock last released its quarterly earnings report for quarter ended 12/31/2022, with the company’s earnings per share (EPS) of 0.07 below consensus estimates by -0.05. The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0.34 for whole year.

To reach the target analysts have set, the stock logically needs to grow 28.79 percent from here.

The company has a return on investment of 7.42% and return on equity of 12.65%. The price to earnings ratio (P/E ratio) amounts to 12.78 while the forward price to earnings ratio is 7.46. The beta has a value of 0.81. Price to book ratio is 1.38 and price to sales ratio is 1.37.

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