KT Co. (NYSE:KT - Get Free Report)'s share price reached a new 52-week high during trading on Friday . The company traded as high as $18.45 and last traded at $18.29, with a volume of 130469 shares. The stock had previously closed at $18.29.
Analyst Ratings Changes
A number of equities analysts have commented on the company. StockNews.com upgraded KT from a "buy" rating to a "strong-buy" rating in a research note on Saturday, November 16th. New Street Research upgraded KT to a "strong-buy" rating in a research note on Monday, September 9th.
Check Out Our Latest Stock Analysis on KT
KT Stock Performance
The stock has a 50 day simple moving average of $15.73 and a 200 day simple moving average of $14.60. The company has a current ratio of 1.04, a quick ratio of 0.98 and a debt-to-equity ratio of 0.28. The stock has a market cap of $9.36 billion, a P/E ratio of 10.20, a price-to-earnings-growth ratio of 1.34 and a beta of 0.90.
Institutional Investors Weigh In On KT
Large investors have recently modified their holdings of the business. EverSource Wealth Advisors LLC boosted its holdings in shares of KT by 41.9% in the 1st quarter. EverSource Wealth Advisors LLC now owns 4,278 shares of the technology company's stock valued at $60,000 after purchasing an additional 1,264 shares in the last quarter. Venturi Wealth Management LLC boosted its holdings in shares of KT by 3,915.8% during the 3rd quarter. Venturi Wealth Management LLC now owns 4,578 shares of the technology company's stock valued at $70,000 after acquiring an additional 4,464 shares in the last quarter. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of KT during the 2nd quarter valued at $140,000. Aprio Wealth Management LLC acquired a new stake in shares of KT during the 2nd quarter valued at $151,000. Finally, MML Investors Services LLC acquired a new stake in shares of KT during the 3rd quarter valued at $160,000. Institutional investors and hedge funds own 18.86% of the company's stock.
About KT
(
Get Free Report)
KT Corporation provides integrated telecommunications and platform services in Korea and internationally. The company offers mobile voice and data telecommunications services based on 5G, 4G LTE and 3G W-CDMA technology; 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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