TKC Stock Summary and Trading Ideas (Turkcell Iletisim Hizmetleri As | NYSE:TKC)

Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm provides mobile voice and data services over its global system for mobile communications networks. Currently, Turkcell provides service to subscribers in 208 countries through commercial roaming agreements with operators. Turkcell has 26 million prepaid subscribers and more than 9 million postpaid subscribers. The firm also has investments in Azerbaijan, Georgia, Kazakhstan, Moldova, and Ukraine.

Turkcell Iletisim Hizmetleri As trades on the NYSE stock market under the symbol TKC.

As of April 19, 2024, TKC stock price climbed to $5.74 with 258,966 million shares trading.

TKC has a beta of 0.67, meaning it tends to be less sensitive to market movements. TKC has a correlation of 0.04 to the broad based SPY ETF.

TKC has a market cap of $5.01 billion. This is considered a Mid Cap stock.

In the last 3 years, TKC stock traded as high as $5.84 and as low as $2.33.

The top ETF exchange traded funds that TKC belongs to (by Net Assets): AVEM, IDVO, APIE, AVES, AVSE.

TKC has outperformed the market in the last year with a price return of +21.6% while the SPY ETF gained +21.2%. TKC has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +8.5% and +5.7%, respectively, while the SPY returned +4.3% and -3.5%, respectively.

TKC support price is $5.50 and resistance is $5.78 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TKC stock will trade within this expected range on the day.