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Here is a breakdown of major shareholders in KT Corporation (NYSE: KT)

KT Corporation (NYSE: KT) is 2.23% higher on its value in year-to-date trading and has touched a low of $12.33 and a high of $15.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The KT stock was last observed hovering at around $13.00 in the last trading session, with the day’s loss setting it -0.15% off its average median price target of $17.34 for the next 12 months. It is also 46.46% off the consensus price target high of $24.00 offered by 16 analysts, but current levels are 20.38% higher than the price target low of $16.14 for the same period.

Currently trading at $12.85, the stock is -4.46% and -7.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing -1.15% at the moment leaves the stock -6.77% off its SMA200. KT registered -5.51% loss for a year compared to 6-month gain of -7.82%.

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The stock witnessed a -10.14% loss in the last 1 month and extending the period to 3 months gives it a -8.02%, and is -0.54% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.74% over the week and 1.58% over the month.

KT Corporation (KT) has around 23371 employees, a market worth around $6.76B and $18.19B in sales. Current P/E ratio is 5.89. Profit margin for the company is 5.70%. Distance from 52-week low is 4.22% and -16.01% from its 52-week high. The company has generated returns on investments over the last 12 months (5.20%).

KT Corporation (KT) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for KT Corporation (KT) is a “Buy”. 16 analysts offering their recommendations for the stock have an average rating of 1.00, where 0 rate it as a Hold and 3 think it is a “Overweight”. 13 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

KT Corporation is expected to release its quarterly report on 11/11/2022.The EPS is expected to grow by 114.20% this year

KT Corporation (KT) Top Institutional Holders

The shares outstanding are 471.84M, and float is at 428.37M with Short Float at 0.34%.

KT Corporation (KT): Who are the competitors?

The company’s main competitors (and peers) include Sify Technologies Limited (SIFY) that is -38.82% lower over the past 12 months. Chunghwa Telecom Co. Ltd. (CHT) is -6.25% down on the 1-year trading charts.

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