PT Telekomunikasi Indonesia, Tbk (TLK) Receiving Somewhat Positive Press Coverage, Report Finds

News stories about PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) have trended somewhat positive on Saturday, according to Accern Sentiment. The research firm ranks the sentiment of media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PT Telekomunikasi Indonesia, Tbk earned a coverage optimism score of 0.11 on Accern’s scale. Accern also assigned news coverage about the utilities provider an impact score of 47.3057051118906 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.

PT Telekomunikasi Indonesia, Tbk (NYSE:TLK) traded up 0.06% during trading on Friday, reaching $35.45. 283,860 shares of the company were exchanged. The stock has a market capitalization of $35.12 billion, a price-to-earnings ratio of 22.16 and a beta of 0.59. PT Telekomunikasi Indonesia, Tbk has a one year low of $27.17 and a one year high of $67.13. The firm’s 50 day moving average price is $34.89 and its 200-day moving average price is $32.26.

Several equities analysts have recently weighed in on the stock. BidaskClub raised shares of PT Telekomunikasi Indonesia, Tbk from a “hold” rating to a “buy” rating in a research report on Wednesday, June 21st. Goldman Sachs Group, Inc. (The) raised shares of PT Telekomunikasi Indonesia, Tbk from a “buy” rating to a “conviction-buy” rating in a research report on Friday, April 28th.

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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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