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

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) was upgraded by stock analysts at StockNews.com from a “hold” rating to a “buy” rating in a research note issued to investors on Monday.

Turkcell Iletisim Hizmetleri A.S. Stock Performance

Shares of TKC opened at $6.09 on Monday. The company has a current ratio of 1.57, a quick ratio of 1.56 and a debt-to-equity ratio of 0.42. The firm has a market cap of $5.36 billion, a PE ratio of 5.97 and a beta of 0.86. Turkcell Iletisim Hizmetleri A.S. has a 12 month low of $4.36 and a 12 month high of $8.47. The stock has a fifty day moving average price of $6.64 and a 200-day moving average price of $7.05.

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) last posted its quarterly earnings data on Thursday, September 12th. The Wireless communications provider reported $0.08 earnings per share (EPS) for the quarter. The firm had revenue of $1.07 billion for the quarter. Turkcell Iletisim Hizmetleri A.S. had a net margin of 8.75% and a return on equity of 7.72%. Equities research analysts predict that Turkcell Iletisim Hizmetleri A.S. will post 0.34 earnings per share for the current fiscal year.

Institutional Trading of Turkcell Iletisim Hizmetleri A.S.

Large investors have recently added to or reduced their stakes in the company. Atomi Financial Group Inc. boosted its holdings in shares of Turkcell Iletisim Hizmetleri A.S. by 4.8% in the 2nd quarter. Atomi Financial Group Inc. now owns 28,091 shares of the Wireless communications provider’s stock valued at $213,000 after acquiring an additional 1,284 shares during the last quarter. Kathmere Capital Management LLC boosted its holdings in Turkcell Iletisim Hizmetleri A.S. by 6.6% in the second quarter. Kathmere Capital Management LLC now owns 24,915 shares of the Wireless communications provider’s stock valued at $189,000 after purchasing an additional 1,552 shares during the last quarter. Aprio Wealth Management LLC grew its position in Turkcell Iletisim Hizmetleri A.S. by 17.1% during the 3rd quarter. Aprio Wealth Management LLC now owns 11,928 shares of the Wireless communications provider’s stock worth $82,000 after purchasing an additional 1,745 shares during the period. EverSource Wealth Advisors LLC raised its stake in shares of Turkcell Iletisim Hizmetleri A.S. by 8.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 23,224 shares of the Wireless communications provider’s stock valued at $121,000 after buying an additional 1,877 shares during the last quarter. Finally, Sivia Capital Partners LLC lifted its holdings in shares of Turkcell Iletisim Hizmetleri A.S. by 9.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 22,037 shares of the Wireless communications provider’s stock valued at $167,000 after buying an additional 1,955 shares during the period.

About Turkcell Iletisim Hizmetleri A.S.

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.