POSCO Holdings Inc ADR (NYSE: PKX) is -34.51% lower on its value in year-to-date trading and has touched a low of $58.00 and a high of $98.00 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PKX stock was last observed hovering at around $63.69 in the last trading session, with the day’s loss setting it -1.4%.
Currently trading at $62.29, the stock is -9.35% and -5.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.69 million and changing -2.20% at the moment leaves the stock -13.82% off its SMA200. PKX registered -33.39% loss for a year compared to 6-month loss of -11.14%. The firm has a 50-day simple moving average (SMA 50) of $65.6844 and a 200-day simple moving average (SMA200) of $72.28185.
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The stock witnessed a -9.88% gain in the last 1 month and extending the period to 3 months gives it a -5.35%, and is -8.52% 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 1.30% over the week and 1.43% over the month.
POSCO Holdings Inc ADR (PKX) has around 530 employees, a market worth around $18.42B and $55.64B in sales. Current P/E ratio is 21.41 and Fwd P/E is 11.51. Profit margin for the company is 1.81%. Distance from 52-week low is 7.40% and -36.44% from its 52-week high. The company has generated returns on investments over the last 12 months (1.91%).
The EPS is expected to grow by 14.07% this year
The shares outstanding are 303.50M, and float is at 295.71M with Short Float at 0.13%.
The top institutional shareholder in the company is DIMENSIONAL FUND ADVISORS LP with over 1.19 million shares valued at $78.53 million. The investor’s holdings represent 1.4125 of the PKX Shares outstanding. As of 2024-06-30, the second largest holder is STATE STREET CORP with 0.77 million shares valued at $50.57 million to account for 0.9097 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 0.73 million shares representing 0.8631 and valued at over $47.98 million, while MORGAN STANLEY holds 0.7593 of the shares totaling 0.64 million with a market value of $42.22 million.
