SK Telecom (NYSE:SKM - Get Free Report) released its earnings results on Wednesday. The Wireless communications provider reported $0.63 earnings per share for the quarter, Zacks reports. SK Telecom had a return on equity of 9.03% and a net margin of 6.31%.
SK Telecom Stock Up 0.2 %
Shares of NYSE SKM traded up $0.05 during trading hours on Friday, hitting $21.86. The stock had a trading volume of 147,821 shares, compared to its average volume of 195,619. The company has a market capitalization of $8.61 billion, a P/E ratio of 10.12, a P/E/G ratio of 1.92 and a beta of 0.80. The firm's 50-day moving average price is $21.51 and its two-hundred day moving average price is $22.53. SK Telecom has a 52 week low of $19.88 and a 52 week high of $24.58. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.88 and a current ratio of 0.91.
Analysts Set New Price Targets
Separately, StockNews.com raised SK Telecom from a "buy" rating to a "strong-buy" rating in a research note on Saturday, February 1st.
View Our Latest Analysis on SKM
About SK Telecom
(
Get Free Report)
SK Telecom Co, Ltd. provides wireless telecommunication services in South Korea. The company operates through three segments: Cellular Services, Fixed-Line Telecommunications Services, and Other Businesses. The Cellular Services segment offers wireless voice and data transmission, Internet of Things solutions, platform, cloud, smart factory solutions, subscription, advertising and curated shopping under T Deal brand name, and metaverse platform-based services, as well as sells wireless devices.
Recommended Stories
Before you consider SK Telecom, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SK Telecom wasn't on the list.
While SK Telecom currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
