KT Corporation ADR (NYSE: KT) is 20.39% higher on its value in year-to-date trading and has touched a low of $12.10 and a high of $15.99 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 $15.69 in the last trading session, with the day’s gains setting it 0.49%.
Currently trading at $16.18, the stock is 3.42% and 4.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.49 million and changing 3.12% at the moment leaves the stock 14.62% off its SMA200. KT registered 28.62% gain for a year compared to 6-month gain of 23.32%. The firm has a 50-day simple moving average (SMA 50) of $15.3836 and a 200-day simple moving average (SMA200) of $14.0981.
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The stock witnessed a 8.88% loss in the last 1 month and extending the period to 3 months gives it a 15.32%, and is 2.86% up 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 2.07% over the week and 1.27% over the month.
KT Corporation ADR (KT) has around 19737 employees, a market worth around $7.95B and $19.94B in sales. Current P/E ratio is 9.85 and Fwd P/E is 7.48. Profit margin for the company is 4.07%. Distance from 52-week low is 33.72% and 1.19% from its 52-week high. The company has generated returns on investments over the last 12 months (4.56%).
The EPS is expected to grow by 24.47% this year
The shares outstanding are 492.83M, and float is at 491.61M with Short Float at 0.49%.
The top institutional shareholder in the company is ALLSPRING GLOBAL INVESTMENTS HOLDINGS, LLC with over 10.21 million shares valued at $139.57 million. The investor’s holdings represent 2.0776 of the KT Shares outstanding. As of 2024-06-30, the second largest holder is PRICE T ROWE ASSOCIATES INC /MD/ with 10.07 million shares valued at $137.69 million to account for 2.0495 of the shares outstanding. The other top investors are KOPERNIK GLOBAL INVESTORS, LLC which holds 9.32 million shares representing 1.8964 and valued at over $127.4 million, while MORGAN STANLEY holds 1.8882 of the shares totaling 9.28 million with a market value of $126.84 million.
