PT XL Axiata Tbk (OTCMKTS:PTXKY – Get Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $2.66, but opened at $2.80. PT XL Axiata Tbk shares last traded at $2.80, with a volume of 500 shares traded.

Analysts Set New Price Targets

Separately, Zacks Research upgraded PT XL Axiata Tbk to a “hold” rating in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, PT XL Axiata Tbk presently has a consensus rating of “Hold”.

Get Our Latest Stock Analysis on PTXKY

PT XL Axiata Tbk Price Performance

The company has a market cap of $2.55 billion and a P/E ratio of -0.00. The stock has a 50-day moving average of $3.09 and a 200 day moving average of $3.63.

About PT XL Axiata Tbk

(Get Free Report)

PT XL Axiata Tbk is a leading Indonesian telecommunications operator that provides a comprehensive range of mobile and fixed wireless services. As a member of the Axiata Group Berhad, the company offers nationwide cellular voice, SMS and data connectivity under the XL and Axis brands. Its network portfolio spans 2G, 3G, 4G LTE and has begun initial roll-outs of 5G infrastructure in key urban centers, supported by a growing network of radio access sites and fiber-optic backhaul.

In addition to core mobile services, XL Axiata develops a portfolio of digital products and enterprise solutions.

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