News headlines about SK Telecom (NYSE:SKM) have trended somewhat positive on Sunday, Accern Sentiment reports. Accern ranks the sentiment of press coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. SK Telecom earned a news impact score of 0.05 on Accern’s scale. Accern also assigned news stories about the Wireless communications provider an impact score of 45.8307409110261 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
A number of analysts have recently weighed in on the stock. Zacks Investment Research downgraded shares of SK Telecom from a “buy” rating to a “hold” rating and set a $31.00 target price on the stock. in a report on Friday, January 5th. Citigroup upgraded shares of SK Telecom from a “neutral” rating to a “buy” rating in a report on Friday, December 1st. Macquarie downgraded shares of SK Telecom from an “outperform” rating to a “neutral” rating in a report on Friday. CLSA downgraded shares of SK Telecom from an “outperform” rating to an “underperform” rating in a report on Wednesday, January 24th. Finally, Morgan Stanley restated an “equal weight” rating on shares of SK Telecom in a report on Thursday, January 11th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating, two have given a buy rating and two have given a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $30.00.
SK Telecom (NYSE SKM) traded up $0.06 during trading on Friday, hitting $24.50. 716,628 shares of the stock were exchanged, compared to its average volume of 485,420. SK Telecom has a 12-month low of $22.08 and a 12-month high of $28.97. The company has a debt-to-equity ratio of 0.32, a quick ratio of 0.90 and a current ratio of 0.87. The company has a market cap of $15,570.85, a P/E ratio of 7.12 and a beta of 0.34.
SK Telecom Company Profile
SK Telecom Co, Ltd. provides wireless telecommunications in Korea. The Company is engaged in the commercial development and implementation of wireless and fixed-line technologies and services, as well as develop its platforms, including Internet of things (IoT) solutions, lifestyle enhancement and advanced media.
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