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Positives for KT Corporation ADR (KT) as stock gains in recent trading

KT Corporation ADR (NYSE: KT) is 24.48% higher on its value in year-to-date trading and has touched a low of $13.07 and a high of $20.28 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 $19.06 in the last trading session, with the day’s gains setting it 0.26%.

Currently trading at $19.32, the stock is 3.04% and 6.65% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.42 million and changing 1.36% at the moment leaves the stock 17.97% off its SMA200. KT registered 48.16% gain for a year compared to 6-month gain of 23.45%.

The stock witnessed a 12.20% loss in the last 1 month and extending the period to 3 months gives it a 15.76%, and is -3.54% 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 2.06% over the week and 1.95% over the month.

KT Corporation ADR (KT) has around 16927 employees, a market worth around $9.50B and $19.10B in sales. Current P/E ratio is 26.29 and Fwd P/E is 8.93. Profit margin for the company is 2.37%. Distance from 52-week low is 47.82% and -4.73% from its 52-week high. The company has generated returns on investments over the last 12 months (2.83%).

The EPS is expected to grow by 259.81% this year.

KT Corporation ADR (KT) Top Institutional Holders

The shares outstanding are 491.67M, and float is at 491.59M with Short Float at 0.84%.

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 4.1546% 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 4.0984 of the shares outstanding. The other top investors are KOPERNIK GLOBAL INVESTORS, LLC which holds 9.32 million shares representing 3.7921% and valued at over $127.4 million, while MORGAN STANLEY holds 3.7757 of the shares totaling 9.28 million with a market value of $126.84 million.

KT Corporation ADR (KT) Insider Activity

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