PT XL Axiata Tbk (OTCMKTS:PTXKY – Get Free Report) dropped 10.7% during trading on Friday . The company traded as low as $4.5810 and last traded at $4.67. Approximately 5,577 shares were traded during trading, an increase of 14% from the average daily volume of 4,910 shares. The stock had previously closed at $5.2270.
PT XL Axiata Tbk Price Performance
The stock’s 50-day simple moving average is $4.12 and its two-hundred day simple moving average is $3.50.
About PT XL Axiata Tbk
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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