PT Astra International Tbk (OTCMKTS:PTAIY) Hits New 1-Year Low – Time to Sell?

PT Astra International Tbk (OTCMKTS:PTAIY)’s share price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $5.29 and last traded at $5.33, with a volume of 299553 shares traded. The stock had previously closed at $5.45.

Analysts Set New Price Targets

Separately, Zacks Research raised PT Astra International Tbk to a “hold” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold”.

PT Astra International Tbk Stock Down 3.0%

The stock has a market cap of $10.70 billion and a P/E ratio of 0.00. The business has a 50-day simple moving average of $7.07 and a 200-day simple moving average of $7.60.

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.