SK Telecom Co Ltd ADR (NYSE: SKM) is 13.31% higher on its value in year-to-date trading and has touched a low of $19.84 and a high of $24.58 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 SKM stock was last observed hovering at around $23.79 in the last trading session, with the day’s loss setting it -0.21%.
Currently trading at $23.58, the stock is 5.00% and 9.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.2 million and changing -0.88% at the moment leaves the stock 6.87% off its SMA200. SKM registered 12.07% gain for a year compared to 6-month loss of 11.07%. The firm has a 50-day simple moving average (SMA 50) of $21.5792 and a 200-day simple moving average (SMA200) of $22.06365.
The stock witnessed a 14.02% gain in the last 1 month and extending the period to 3 months gives it a 10.70%, and is 2.03% 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 1.08% over the week and 1.10% over the month.
SK Telecom Co Ltd ADR (SKM) has around 5493 employees, a market worth around $9.04B and $12.86B in sales. Current P/E ratio is 10.14 and Fwd P/E is 10.94. Profit margin for the company is 6.94%. Distance from 52-week low is 18.85% and -4.07% from its 52-week high. The company has generated returns on investments over the last 12 months (6.68%).
with sales reaching $4.42T over the same period.The EPS is expected to shrink by -3.10% this year, but quarterly earnings will post -0.03% year-over-year. Quarterly sales are estimated to grow 0.04% in year-over-year returns.
257.0 institutions hold shares in SK Telecom Co Ltd ADR (SKM), with institutional investors hold 7.23% of the company’s shares. The shares outstanding are 383.19M, and float is at 383.19M with Short Float at 0.16%. Institutions hold 7.23% of the Float.
The top institutional shareholder in the company is MACQUARIE GROUP LTD with over 3.96 million shares valued at $82.81 million. The investor’s holdings represent 1.8584 of the SKM Shares outstanding. As of 2024-06-30, the second largest holder is ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. with 2.26 million shares valued at $47.23 million to account for 1.0601 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.01 million shares representing 0.946 and valued at over $42.15 million, while MORGAN STANLEY holds 0.7376 of the shares totaling 1.6 million with a market value of $33.39 million.
