Other analysts have also recently issued research reports about the stock. Morgan Stanley raised shares of SK Telecom from an “equal weight” rating to an “overweight” rating in a research note on Monday, August 26th. Zacks Investment Research cut shares of SK Telecom from a “buy” rating to a “hold” rating in a research note on Saturday, July 13th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy”.
SKM stock opened at $22.30 on Thursday. The stock has a market capitalization of $14.04 billion, a P/E ratio of 4.24 and a beta of 0.32. The firm has a 50-day simple moving average of $22.02 and a 200-day simple moving average of $23.36. The company has a quick ratio of 1.02, a current ratio of 1.05 and a debt-to-equity ratio of 0.39. SK Telecom has a 52 week low of $21.22 and a 52 week high of $28.56.
SK Telecom Company Profile
SK Telecom Co, Ltd. provides wireless telecommunication services in South Korea. It operates in four segments: Cellular Services, Fixed-Line Telecommunication Services, E-Commerce Services, and Other Businesses. The Cellular Services segment offers wireless voice and data transmission services; cellular global roaming services; interconnection services; Internet of Things solutions; and platform services, as well as sells smartphones and basic phones, tablets and other Internet access devices, and wearable devices.
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