Turkcell : 52 Week High

Turkcell ( NYSE:TKC ), is a provider of mobile services in Turkey, has reached 52 week high on Wall Street. Turkcell shares were about nearly $9.50 when crisis has started. But after that period, shares rebound as a result of company's strong financial position.

The biggest Turkish mobile services provider made important investments, e.g. 3G, in Turkey and user base shows slight growth. Especially Turkcell's mobile internet users increased 59% in 2 years from 12 million to 19.1 million.

( Graph by cnbc.com )

In U.S, if share reaches to 52 week high it means crisis is over and company is looking to future. Turkcell is one of a few companies which could get to this situation on Wall Street. Turkcell has 16.04B mkt cap and Div/yield 0.81/4.44.

I think investors will be interesting Turkcell shares closely also in new year.