iShares MSCI Turkey ETF (TUR): Downgrade News

TUR – Moody’s Investor Service downgraded Turkey’s sovereign ratings to Ba2 from Ba1 on continued loss of institutional strength and increased risks given wide current account deficits, higher external debt and associated large rollover requirements. Stock price at the time of this analyst call was $44.49.

Update: As of Sep. 21, 2018, this bearish analyst call has returned -47.46%.

Key Facts Surrounding This News Item

  • TUR had a POWR Rating of A (Strong Buy) coming into today.
  • TUR was -1.00% below its 10-Day Moving Average coming into today.
  • TUR was 0.03% above its 20-Day Moving Average coming into today.
  • TUR was -0.25% below its 50-Day Moving Average coming into today.
  • TUR was 4.12% above its 100-Day Moving Average coming into today.
  • TUR was 3.56% above its 200-Day Moving Average coming into today.
  • TUR had returned +1.29% year-to-date leading up to today’s news, versus a +2.26% return from the benchmark S&P 500 during the same period.

More Info About iShares MSCI Turkey ETF (TUR)

The investment objective of the iShares MSCI Turkey ETF seeks to track the investment results of a broad-based index composed of Turkish equities. View our full TUR ticker page with ratings, news, and more.

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TUR at a Glance

TUR Current POWR Rating™
Overall POWR Rating™
TUR Current Price $22.41 0.09%
More TUR Ratings, Data, and News

TUR Price Reaction

The day of this event (Mar. 7, 2018)
TUR Closing Price$43.11 1.07%
TUR Volume127,054
62.73% from avg
Leading up to this event
TUR 1-mo return1.76%
After this event
TUR 1-day return0.27%
TUR 3-day return0.38%
TUR 5-day return1.17%

TUR Price Chart

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