As of Wednesday close, KT Corporation’s (NYSE:KT) stock was down -$0.05, moving down -0.41 percent to $12.19. The average number of shares traded per day over the past five days has been 792,280 shares. 1 time new highs have been achieved over the past 5 days, with a -$0.15 fall in that time frame. In the last twenty days, the average volume was 717,375, while in the previous 50 days, it was 883,584.
Since last month, KT stock rose 4.37%. Shares of the company fell to $11.46 on 07/26/23, the lowest level in the past month. A 52-week high of $14.93 was reached on 01/24/23 after having rallying from a 52-week low of $11.04. Since the beginning of this year, KT’s stock price has dropped by -9.70% or -$1.31, and marked a new high 13 times. However, the stock has declined by -18.32% since its 52-week high.
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Valuation Metrics
Right now, KT Corporation (KT) has a P/E ratio of about 6.88. The stock’s beta is 0.75. Besides these, the trailing price-to-sales (P/S) ratio of 0.32, the price-to-book (PB) ratio of 0.50.
Financial Health
In the recent quarter, KT Corporation’s quick ratio stood at 1.10, while its current ratio was 1.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.56, and the total debt-to-equity ratio was 0.72. On the profitability front, the trailing twelve-month gross margin is 62.40% percent. In the recent year, EBITDA margin amounted to 20.78%, whereas operating margins totaled 8.00%. Based on annual data, KT earned $18.36 billion in gross profit and brought in $18.36 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 5.60%. Return on equity (ROE) for the past 12 months was 7.90%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. During the quarter, the company generated $1.17 billion in EBITDA. The liabilities of KT Corporation were 17.65 billion at the end of its most recent quarter, and its total debt was $10.04 trillion.
Technical Picture
This quick technical analysis looks at KT Corporation’s (KT) price momentum. With a historical volatility rate of 27.95%, the RSI 9-day stood at 57.03% on 16 August.
With respect to its five-day moving average, the current KT Corporation price is down by -1.22% percent or -$0.15. At present, KT shares trade +4.28% above its 20-day simple moving average and +4.82% percent above its 100-day simple moving average. However, the stock is currently trading approximately +3.22% above its SMA50 and -4.39% below its SMA200.
Stochastic coefficient K was 69.47% and Stochastic coefficient D was 76.23%, while ATR was 0.19. Given the Stochastic reading of 63.48% for the 14-day period, the RSI (14) reading has been calculated as 57.76%. As of today, the MACD Oscillator reading stands at -0.03, while the 14-day reading stands at 0.13.
Analyst Ratings
KT Corporation downgraded its rating on KT Corporation (NYSE: KT) to a Neutral in a note to investors on March 07, 2023. The analysts firm previously had a Buy rating on the stock.KT Corporation (KT) has been rated Overweight by analysts. According to 0 brokerage firms, KT is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate KT Corporation stock as buy, with 10 recommending it as overweight.
With a median target price of $15.31, the current consensus forecast for the stock is $13.34 – $27.53. Based on these forecasts, analysts predict KT Corporation (KT) will achieve an average price target of $16.08.
