KT Corporation ADR (NYSE:KT) shares, rose in value on Thursday, December 12, with the stock price up by 1.59% to the previous day’s close as strong demand from buyers drove the stock to $16.00.
Actively observing the price movement in the last trading, the stock closed the session at $15.75, falling within a range of $15.6721 and $16.03. The value of beta (5-year monthly) was 0.379 whereas the PE ratio was 9.03 over 12-month period. Referring to stock’s 52-week performance, its high was $18.45, and the low was $12.10. On the whole, KT has fluctuated by 3.56% over the past month.
With the market capitalization of KT Corporation ADR currently standing at about $7.87 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 1.25, with its dividend yield at 7.84%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 26.62T, with a low estimate of 6.31T and a high estimate of 6.84T. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 6.71T.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KT’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 100% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0.56, with the price of KT currently trading nearly -3.33% and 0.63% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.54, while the 7-day volatility ratio is showing 1.51% which for the 30-day chart, stands at 2.35%. Furthermore, KT Corporation ADR (KT)’s beta value is 0.92, and its average true range (ATR) is 0.45.
A comparison of KT Corporation ADR (KT) with its peers suggests the former has fared considerably weaker in the market. KT showed an intraday change of 1.59% in last session, and over the past year, it grew by 20.48%%.
Data on historical trading for KT Corporation ADR (NYSE:KT) indicates that the trading volumes over the past 10 days have averaged 3.75 and over the past 3 months, they’ve averaged 1.50 million. According to company’s latest data on outstanding shares, there are 491.65 million shares outstanding.
Nearly 0.01% of KT Corporation ADR’s shares belong to company insiders and institutional investors own 16.20% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 3.34 million shares as on 2024-11-29, resulting in a short ratio of 1.92. According to the data, the short interest in KT Corporation ADR (KT) stood at 71.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 2.41 million. The stock has risen by 19.05% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KT stock heading into the next quarter.
