Türk Telekomünikasyon Anonim Sirketi (OTCMKTS:TRKNY) Trading Up 12.8% – Still a Buy?

Türk Telekomünikasyon Anonim Sirketi (OTCMKTS:TRKNYGet Free Report) shares rose 12.8% on Friday . The stock traded as high as $3.25 and last traded at $3.00. Approximately 200 shares were traded during trading, a decline of 81% from the average daily volume of 1,041 shares. The stock had previously closed at $2.66.

Türk Telekomünikasyon Anonim Sirketi Price Performance

The business’s 50-day simple moving average is $2.65 and its 200-day simple moving average is $2.69.

About Türk Telekomünikasyon Anonim Sirketi

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Türk Telekomünikasyon Anonim Şirketi (OTCMKTS: TRKNY) is Turkey’s leading integrated telecommunications provider, offering a broad portfolio of fixed‐line, mobile, broadband and digital television services. Headquartered in Ankara, the company operates through an extensive fiber and copper network that spans urban and rural regions across the country. Its core operations include fixed‐voice telephony, high‐speed internet access under both DSL and fiber‐to‐the-home (FTTH) technologies, and a mobile business serving millions of subscribers under its own brand.

In addition to traditional voice and data services, Türk Telekom has expanded into enterprise solutions, cloud computing, cyber security and managed data services.

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