PT XL Axiata Tbk (OTCMKTS:PTXKY) Short Interest Update

PT XL Axiata Tbk (OTCMKTS:PTXKYGet Free Report) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 97 shares, a drop of 67.2% from the June 15th total of 296 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 3,935 shares, the short-interest ratio is presently 0.0 days.

Analysts Set New Price Targets

Separately, Zacks Research raised PT XL Axiata Tbk to a “hold” rating in a report on Wednesday, May 13th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock currently has an average rating of “Hold”.

View Our Latest Stock Report on PTXKY

PT XL Axiata Tbk Stock Up 7.6%

Shares of OTCMKTS:PTXKY opened at $2.70 on Wednesday. The company has a market cap of $2.46 billion and a PE ratio of -0.00. PT XL Axiata Tbk has a fifty-two week low of $2.51 and a fifty-two week high of $5.67. The firm has a 50-day simple moving average of $3.00 and a 200 day simple moving average of $3.55.

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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