KT (NYSE:KT – Get Free Report) was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research report issued to clients and investors on Thursday.
KT Price Performance
Shares of NYSE:KT traded up $0.04 during midday trading on Thursday, reaching $12.17. 1,074,259 shares of the company were exchanged, compared to its average volume of 987,435. The company has a current ratio of 1.10, a quick ratio of 1.03 and a debt-to-equity ratio of 0.39. The business’s fifty day moving average is $14.01 and its two-hundred day moving average is $13.28. KT has a one year low of $11.04 and a one year high of $15.35. The stock has a market cap of $6.23 billion, a PE ratio of 7.85, a price-to-earnings-growth ratio of 1.27 and a beta of 0.82.
KT (NYSE:KT – Get Free Report) last issued its earnings results on Thursday, February 8th. The technology company reported $0.09 earnings per share for the quarter. KT had a net margin of 3.84% and a return on equity of 5.28%. The firm had revenue of $5.08 billion during the quarter. As a group, analysts predict that KT will post 1.9 earnings per share for the current year.
Institutional Investors Weigh In On KT
About KT
KT Corporation provides integrated telecommunications and platform services in Korea and internationally. The company offers fixed-line telephone services, including local, domestic long-distance, international long-distance, and voice over Internet protocol telephone services, as well as interconnection services; broadband Internet access service and other Internet-related services; and data communication services, such as fixed-line and leased line services, as well as broadband Internet connection services.
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