P.T. Telekomunikasi Indonesia Tbk. (TLK): Today's Featured Telecommunications Winner

P.T. Telekomunikasi Indonesia Tbk ( TLK) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 0.9%. By the end of trading, P.T. Telekomunikasi Indonesia Tbk rose 84 cents (2.6%) to $32.70 on average volume. Throughout the day, 497,574 shares of P.T. Telekomunikasi Indonesia Tbk exchanged hands as compared to its average daily volume of 541,200 shares. The stock ranged in a price between $32.58-$32.92 after having opened the day at $32.84 as compared to the previous trading day's close of $31.86. Other companies within the Telecommunications industry that increased today were: Globalstar Incorporated ( GSAT), up 13%, Blonder Tongue Laboratories ( BDR), up 4.8%, Phazar Corporation ( ANTP), up 4.6%, and PCTEL ( PCTI), up 4.5%.

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 $15.24 billion and is part of the technology sector. The company has a P/E ratio of 11.6, below the average telecommunications industry P/E ratio of 12.1 and below the S&P 500 P/E ratio of 17.7. Shares are up 0.2% 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 increase in net income, revenue growth, expanding profit margins, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, eOn Communications Corporation ( EONC), down 12%, Internet Gold Golden Lines ( IGLD), down 11.4%, Nexxus Lighting ( NEXS), down 11.1%, and B Communications ( BCOM), down 7.2%, were all losers within the telecommunications industry with VimpelCom ( VIP) being today's telecommunications industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider iShares Dow Jones US Telecom ( IYZ) while those bearish on the telecommunications industry could consider ProShares Ult Sht Telecommunication ( TLL).
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