PT Astra International Tbk (OTCMKTS:PTAIY) Shares Gap Down – Time to Sell?

PT Astra International Tbk (OTCMKTS:PTAIY) 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 trading hands.

Wall Street Analysts Forecast Growth

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

PT Astra International Tbk Stock Down 0.4%

The firm has a fifty day moving average price of $7.01 and a two-hundred day moving average price of $7.58. The stock has a market capitalization of $10.28 billion and a P/E ratio of 0.00.

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.