Somewhat Favorable News Coverage Somewhat Unlikely to Impact PT Telekomunikasi Indonesia, Tbk (TLK) Share Price

Media coverage about PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) has been trending somewhat positive recently, Accern Sentiment reports. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. PT Telekomunikasi Indonesia, Tbk earned a media sentiment score of 0.24 on Accern’s scale. Accern also gave headlines about the utilities provider an impact score of 46.8395407005842 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Shares of PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) traded up 1.31% on Friday, reaching $35.50. The company’s stock had a trading volume of 266,072 shares. The firm’s 50-day moving average price is $35.42 and its 200-day moving average price is $33.12. PT Telekomunikasi Indonesia, Tbk has a 12 month low of $27.17 and a 12 month high of $67.13. The stock has a market cap of $35.17 billion, a P/E ratio of 22.19 and a beta of 0.59.

Separately, BidaskClub downgraded PT Telekomunikasi Indonesia, Tbk from a “buy” rating to a “hold” rating in a research note on Saturday, June 10th.

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About PT Telekomunikasi Indonesia, Tbk

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk offers telecommunications and network services. The Company’s segments include Corporate, Home, Personal and Others. The Corporate segment provides telecommunications services, including interconnection, leased lines, satellite, contact center, broadband access, information technology services, and data and Internet services to companies and institutions.

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