KT Corporation ADR (KT) Shares Decline Despite Market Challenges

KT Corporation ADR (NYSE: KT) has seen a decline in its stock price by -0.96 in relation to its previous close of 13.56. However, the company has experienced a -6.15% decline in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-03 that The fast-track 5G rollout and solid wireless traction should help the Zacks Wireless Non-US industry thrive despite short-term headwinds. TIMB, SKM and KT are well-positioned to make the most of the demand for seamless connectivity solutions.

Is It Worth Investing in KT Corporation ADR (NYSE: KT) Right Now?

The price-to-earnings ratio for KT Corporation ADR (NYSE: KT) is above average at 8.72x, Company’s 36-month beta value is 0.83.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”

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The public float for KT is 492.78M, and currently, short sellers hold a 0.38% ratio of that floaft. The average trading volume of KT on April 04, 2024 was 888.62K shares.

KT’s Market Performance

KT’s stock has seen a -6.15% decrease for the week, with a -6.74% drop in the past month and a 1.97% gain in the past quarter. The volatility ratio for the week is 1.11%, and the volatility levels for the past 30 days are at 0.95% for KT Corporation ADR The simple moving average for the past 20 days is -5.66% for KT’s stock, with a 4.78% simple moving average for the past 200 days.

KT Trading at -4.43% from the 50-Day Moving Average

After a stumble in the market that brought KT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.51% of loss for the given period.

Volatility was left at 0.95%, however, over the last 30 days, the volatility rate increased by 1.11%, as shares sank -6.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.42% upper at present.

During the last 5 trading sessions, KT fell by -6.15%, which changed the moving average for the period of 200-days by +10.26% in comparison to the 20-day moving average, which settled at $14.19. In addition, KT Corporation ADR saw -0.07% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for KT

Current profitability levels for the company are sitting at:

  • 0.08 for the present operating margin
  • 0.47 for the gross margin

The net margin for KT Corporation ADR stands at 0.04. The total capital return value is set at 0.08. Equity return is now at value 5.93, with 2.36 for asset returns.

Based on KT Corporation ADR (KT), the company’s capital structure generated 0.36 points at debt to capital in total, while cash flow to debt ratio is standing at 0.52. The debt to equity ratio resting at 0.57. The interest coverage ratio of the stock is 6.96.

Currently, EBITDA for the company is 4.82 trillion with net debt to EBITDA at 1.45. When we switch over and look at the enterprise to sales, we see a ratio of 0.66. The receivables turnover for the company is 5.42for trailing twelve months and the total asset turnover is 0.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.10.

Conclusion

In a nutshell, KT Corporation ADR (KT) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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