P.T. Telekomunikasi Indonesia Tbk. (TLK): Today's Featured Technology Loser

P.T. Telekomunikasi Indonesia Tbk ( TLK) pushed the Technology sector lower today making it today's featured Technology loser. The sector as a whole closed the day down 1.2%. By the end of trading, P.T. Telekomunikasi Indonesia Tbk fell $1.09 (-3.2%) to $33.29 on average volume. Throughout the day, 485,127 shares of P.T. Telekomunikasi Indonesia Tbk exchanged hands as compared to its average daily volume of 466,900 shares. The stock ranged in price between $33.14-$33.88 after having opened the day at $33.84 as compared to the previous trading day's close of $34.38. Other company's within the Technology sector that declined today were: Velti ( VELT), down 33.5%, Trunkbow International Holdings ( TBOW), down 23.7%, ClearSign Combustion ( CLIR), down 16%, and MERU Networks ( MERU), down 15.5%.

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk and its subsidiaries provide telecommunication and network services worldwide. P.T. Telekomunikasi Indonesia Tbk has a market cap of $16.89 billion and is part of the telecommunications industry. The company has a P/E ratio of 12.8, below the average telecommunications industry P/E ratio of 13.4 and below the S&P 500 P/E ratio of 17.7. Shares are up 11.8% year to date as of the close of trading on Tuesday. Currently there are no analysts that rate P.T. Telekomunikasi Indonesia Tbk a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates P.T. Telekomunikasi Indonesia Tbk as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company has had somewhat weak growth in earnings per share.

On the positive front, Enova Systems ( ENA), up 42.9%, Netlist ( NLST), up 17.4%, SINA Corporation ( SINA), up 11.1%, and Chyron Corporation ( CHYR), up 9.6%, were all gainers within the technology sector with Altera ( ALTR) being today's featured technology sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the technology sector could consider Technology Select Sector SPDR ( XLK) while those bearish on the technology sector could consider ProShares Ultra Short Technology ( REW).
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