Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) Upgraded at StockNews.com

Posted by Donna Armstrong on Oct 6th, 2024

StockNews.com upgraded shares of Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC – Free Report) from a hold rating to a buy rating in a report issued on Wednesday morning.

Turkcell Iletisim Hizmetleri A.S. Stock Down 1.1 %

Shares of Turkcell Iletisim Hizmetleri A.S. stock opened at $6.33 on Wednesday. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.57 and a quick ratio of 1.56. Turkcell Iletisim Hizmetleri A.S. has a 1-year low of $4.07 and a 1-year high of $8.47. The business’s fifty day moving average price is $7.18 and its two-hundred day moving average price is $6.91. The company has a market capitalization of $5.57 billion, a P/E ratio of 7.30 and a beta of 0.84.

Institutional Investors Weigh In On Turkcell Iletisim Hizmetleri A.S.

Several hedge funds and other institutional investors have recently bought and sold shares of TKC. Atlas Capital Advisors LLC bought a new position in shares of Turkcell Iletisim Hizmetleri A.S. in the second quarter valued at $71,000. Aprio Wealth Management LLC purchased a new stake in shares of Turkcell Iletisim Hizmetleri A.S. during the second quarter valued at $77,000. GAMMA Investing LLC boosted its position in shares of Turkcell Iletisim Hizmetleri A.S. by 68.2% in the 2nd quarter. GAMMA Investing LLC now owns 11,210 shares of the Wireless communications provider’s stock valued at $85,000 after purchasing an additional 4,545 shares during the period. AQR Capital Management LLC purchased a new position in Turkcell Iletisim Hizmetleri A.S. in the 2nd quarter worth about $89,000. Finally, Sivia Capital Partners LLC acquired a new stake in Turkcell Iletisim Hizmetleri A.S. during the 4th quarter worth about $96,000.

About Turkcell Iletisim Hizmetleri A.S.

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Turkcell Iletisim Hizmetleri A.S. provides digital services in Turkey, Ukraine, Belarus, Turkish Republic of Northern Cyprus, and the Netherlands. It operates through Turkcell Turkey, Turkcell International, and Techfin segments. It offers work contact services, such as mobile communications, fixed business internet and business phone, and customer loyalty and programs; digital business services comprising uninterrupted access, cyber security, data center, Internet of Things, big data, e-transformation, technologies, and managed services, and cloud solutions.