1 day Ago By ABMN Staff
SK Telecom Co., Ltd. ( NYSE:SKM – Get Free Report )’s share price hit a new 52-week high during trading on Monday .
The company traded as high as $24.45 and last traded at $24.40, with a volume of 13517 shares traded.
The stock had previously closed at $24.31. Wall Street Analyst Weigh In Separately, StockNews.
com upgraded SK Telecom from a “buy” rating to a “strong-buy” rating in a report on Wednesday, August 7th. Check Out Our Latest Stock Report on SK Telecom SK Telecom Stock Up 0.1 % SK Telecom ( NYSE:SKM – Get Free Report ) last released its quarterly earnings results on Tuesday, August 6th.
The Wireless communications provider reported $0.63 EPS for the quarter. The firm had revenue of $3.
22 billion for the quarter. SK Telecom had a net margin of 6.52% and a return on equity of 8.
94%. As a group, analysts anticipate that SK Telecom Co., Ltd.
will post 2.29 earnings per share for the current fiscal year. Hedge Funds Weigh In On SK Telecom Several large investors have recently modified their holdings of SKM.
Assetmark Inc. purchased a new stake in SK Telecom in the 4th quarter valued at about $25,000. EverSource Wealth Advisors LLC increased its position in shares of SK Telecom by 1,558.
2% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,310 shares of the Wireless communications provider’s stock valued at $28,000 after acquiring an additional 1,231 shares during the last quarter. Advisors Preferred LLC purchased a new stake in shares of SK Telecom in the 1st quarter valued at approximately $112,000.
Ariadne Wealth Management LP acquired a new position in shares of SK Telecom in the 2nd quarter worth approximately $127,000. Finally, BI Asset Management Fondsmaeglerselskab A S purchased a new position in shares of SK Telecom during the 1st quarter worth approximately $216,000. 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.
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