Telkom (TLKGY) Cut to “Hold” at ValuEngine

Telkom (OTCMKTS:TLKGY) was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating in a research note issued on Monday.

TLKGY traded up $0.77 during midday trading on Monday, hitting $17.92. 100 shares of the company were exchanged, compared to its average volume of 381. Telkom has a 1-year low of $12.90 and a 1-year high of $25.16. The company has a quick ratio of 0.98, a current ratio of 1.11 and a debt-to-equity ratio of 0.23.

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Telkom Company Profile

Telkom SA SOC Ltd. provides integrated telecommunications services. The company supplies telecommunication, multimedia, technology, information and other related information technology services to customers, as well as mobile communication services, in South Africa. Its products and services includes fixed-line retail voice, fixed-line customer premises equipment rental, sales and services, interconnection services, fixed-line data services, data centre operations, W-CDMA, mobile communication, and other services.

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

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