Telkom Indonesia (Persero) Tbk PT ADR (NYSE: TLK) Drops -7.84% Over A Month, But Analysts Still See Upside Potential

Telkom Indonesia (Persero) Tbk PT ADR (NYSE:TLK) currently has a daily average trading volume of 417.66K but it saw 389943 shares traded in last market. With a market cap of 16.65B USD, the company’s current market price of $16.81 came falling about -0.18 while comparing to the previous closing price of $16.84. In past 52 weeks, the stock remained buoying in the range of price level as high as $26.85 and as low as $15.78. In the recent trading on the day, stock has struck highest price mark of $16.75 while lowest mark touched by it was $16.96.

Taking a look at 20-day trading activity of Telkom Indonesia (Persero) Tbk PT ADR (TLK) gives us an average price of $16.89, while its current price level is -37.39% below from 52-week high level whereas it is 6.49% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $18.34 while that of 200 days or SMA-200 reads an average of $19.82. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.42% during that period while stretching the period over a month that increases to 1.84%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 42.88 which implies that the stock is in neutral territory.

Over the week, TLK’s stock price is moving 1.69% up while it is -7.84% when we observe its performance for the past one month. Year-to-date it is -34.74% down and over the past year, the stock is showing a downside performance of -31.25%.

The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 1.65. Moreover, analysts are in estimates of $38.79T for current-quarter revenue.

Currently, Telkom Indonesia (Persero) Tbk PT ADR’s total number of outstanding shares is 990.62M. Company’s return on investment (ROI) stands at 12.51% and return on equity (ROE) at 16.61%. It has a price to earnings ratio (P/E ratio) of 11.53 while having a 10.21 of forward P/E ratio. Stock’s beta reads 0.76. Stock has a price to book (P/B) ratio of 1.86 while price to sale or P/S ratio amounts to 1.74. Its return on asset (ROA) is 7.88% on average.