PT Astra International Tbk (OTCMKTS:PTAIY) Shares Gap Up – Here’s What Happened

Shares of PT Astra International Tbk (OTCMKTS:PTAIY – Get Free Report) gapped up prior to trading on Wednesday. The stock had previously closed at $5.35, but opened at $5.5335. PT Astra International Tbk shares last traded at $5.44, with a volume of 12,991 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research downgraded shares of PT Astra International Tbk from a “hold” rating to a “strong sell” rating in a research report on Thursday, September 24th. One analyst has rated the stock with a Sell rating. According to MarketBeat.com, the company currently has an average rating of “Sell”.

View Our Latest Stock Report on PT Astra International Tbk

PT Astra International Tbk Trading Down 1.8%

The stock’s fifty day simple moving average is $5.39 and its two-hundred day simple moving average is $5.95.

PT Astra International Tbk Company Profile

(Get Free Report)

PT Astra International Tbk is an Indonesian diversified conglomerate headquartered in Jakarta. Founded in 1957, the company has developed a broad portfolio of businesses serving Indonesia’s automotive, industrial, consumer and infrastructure markets.

Astra’s principal activities include automotive manufacturing, distribution and retail; financial services; heavy equipment, mining, construction and energy; agribusiness; infrastructure and logistics; information technology; and property.

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