Telkom SA Ltd ADS (OTCMKTS:TLKGY) Upgraded to Sell by ValuEngine

Telkom SA Ltd ADS (OTCMKTS:TLKGY) was upgraded by equities researchers at ValuEngine from a “strong sell” rating to a “sell” rating in a research report issued to clients and investors on Friday, ValuEngine reports.

Separately, Goldman Sachs Group cut Telkom SA Ltd ADS from a “neutral” rating to a “sell” rating in a research report on Thursday, July 11th.

TLKGY traded up $0.37 on Friday, reaching $18.17. The company’s stock had a trading volume of 2,531 shares, compared to its average volume of 7,901. Telkom SA Ltd ADS has a fifty-two week low of $15.25 and a fifty-two week high of $26.78. The stock has a 50 day moving average of $18.77 and a two-hundred day moving average of $22.37.

About Telkom SA Ltd ADS

Telkom SA SOC Ltd. engages in the provision of integrated voice, data, fixed, mobile, information technology (IT), and data center solutions. It operates through the following business units: Openserve, Telkom Consumer, BCX, Gyro, and Yellow Pages. The Openserve business unit includes broadband solutions, optical and carrier solutions, enterprise solutions; and interconnect-based services connecting South Africa to the world.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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