PLDT ( (PHI) ) is experiencing volatility. Read on for a possible explanation for the stock’s unusual movement.
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PLDT, Inc. is experiencing unusual stock price movements due to a decline in Telco Core income and mobile revenues, which are being affected by increased depreciation, financing costs, and changing consumer behaviors. Despite these challenges, the company has reported stable performance with a 2% increase in both gross service revenues and EBITDA for Q1 2025. Notably, the digital financial service arm, Maya, has achieved profitability for the first time. PLDT’s strategic initiatives, including infrastructure investments and leadership changes, aim to strengthen its competitive position and boost stakeholder confidence, contributing to a generally positive market sentiment.
More about PLDT
YTD Price Performance: 8.69%
Average Trading Volume: 74,935
Technical Sentiment Signal: Buy
Current Market Cap: $4.94B
For further insights into PHI stock on TipRanks’ Stock Analysis page.
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