PT Astra International Tbk (OTCMKTS:PTAIY) Shares Gap Down – What’s Next?
by Mitch Edgeman · The Markets DailyPT Astra International Tbk (OTCMKTS:PTAIY – Get Free Report)’s stock price gapped down before the market opened on Monday . The stock had previously closed at $5.45, but opened at $5.14. PT Astra International Tbk shares last traded at $5.0550, with a volume of 5,969 shares traded.
Analyst Upgrades and Downgrades
Separately, Zacks Research raised shares of PT Astra International Tbk to a “hold” rating in a research note on Friday, April 24th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of “Hold”.
Read Our Latest Stock Analysis on PTAIY
PT Astra International Tbk Stock Performance
The firm has a market capitalization of $10.47 billion and a price-to-earnings ratio of 0.00. The business’s 50-day moving average is $6.92 and its two-hundred day moving average is $7.55.
PT Astra International Tbk Company Profile
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.