StockNews.com Upgrades Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC) to “Strong-Buy”

Turkcell Iletisim Hizmetleri A.S. (NYSE:TKC – Get Rating) was upgraded by investment analysts at StockNews.com from a “buy” rating to a “strong-buy” rating in a note issued to investors on Monday.

Turkcell Iletisim Hizmetleri A.S. Trading Down 3.4 %

Shares of NYSE TKC opened at $4.51 on Monday. The company has a 50 day simple moving average of $4.65 and a 200 day simple moving average of $4.03. Turkcell Iletisim Hizmetleri A.S. has a 1 year low of $2.33 and a 1 year high of $5.44. The company has a current ratio of 1.87, a quick ratio of 1.86 and a debt-to-equity ratio of 1.48.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. FMR LLC raised its holdings in Turkcell Iletisim Hizmetleri A.S. by 2,921.5% in the 2nd quarter. FMR LLC now owns 11,089 shares of the Wireless communications provider’s stock valued at $28,000 after buying an additional 10,722 shares during the last quarter. US Bancorp DE raised its holdings in Turkcell Iletisim Hizmetleri A.S. by 109.5% in the 3rd quarter. US Bancorp DE now owns 12,335 shares of the Wireless communications provider’s stock valued at $33,000 after buying an additional 6,448 shares during the last quarter. CAPROCK Group Inc. bought a new position in Turkcell Iletisim Hizmetleri A.S. in the 3rd quarter valued at approximately $33,000. Warren Street Wealth Advisors LLC bought a new position in Turkcell Iletisim Hizmetleri A.S. in the 3rd quarter valued at approximately $36,000. Finally, Signaturefd LLC raised its holdings in Turkcell Iletisim Hizmetleri A.S. by 233.6% during the 3rd quarter. Signaturefd LLC now owns 14,005 shares of the Wireless communications provider’s stock worth $37,000 after purchasing an additional 9,807 shares during the last quarter. Institutional investors own 3.73% of the company’s stock.

Turkcell Iletisim Hizmetleri A.S. Company Profile

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TURKCELL Iletisim Hizmetleri AS is engages in the provision of communication and technology services. It operates through the following segments: Turkcell Turkey, Turkcell International, Techfin and All Other. The Turkcell Turkey segment includes the operations of information and entertainment services in Turkey and Azerbaijan, and of non-group call center.