PT Indosat Tbk (OTCMKTS:PTITF) Shares Up 17.1%

PT Indosat Tbk (OTCMKTS:PTITF) shot up 17.1% on Friday . The stock traded as high as $0.43 and last traded at $0.43. 5,000 shares traded hands during mid-day trading, an increase of 733% from the average session volume of 600 shares. The stock had previously closed at $0.37.

The company’s fifty day moving average is $0.47 and its two-hundred day moving average is $0.41.

PT Indosat Tbk Company Profile (OTCMKTS:PTITF)

PT Indosat Tbk, together with its subsidiaries, provides telecommunication services in Indonesia. It operates through three segments: Cellular; Fixed Telecommunications (Fixed); and Multimedia, Data Communications and Internet (MIDI). The Cellular segment offers postpaid and prepaid products that include various data and mobile voice solutions on 2G, 3G, and 4G broadband cellular networks.

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