SK Telecom Co Ltd (NYSE:SKM) has been assigned a consensus recommendation of “Hold” from the five ratings firms that are covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company.
SKM has been the topic of a number of recent research reports. Zacks Investment Research downgraded shares of SK Telecom from a “hold” rating to a “strong sell” rating in a report on Saturday, April 27th. Macquarie initiated coverage on shares of SK Telecom in a report on Tuesday, May 21st. They issued an “outperform” rating on the stock.
SK Telecom stock opened at $24.41 on Friday. The company has a market cap of $15.33 billion, a P/E ratio of 5.47 and a beta of 0.27. The firm’s fifty day simple moving average is $23.94. The company has a quick ratio of 1.12, a current ratio of 1.16 and a debt-to-equity ratio of 0.38. SK Telecom has a 1-year low of $22.71 and a 1-year high of $28.56.
About SK Telecom
SK Telecom Co, Ltd. provides wireless telecommunication services in South Korea. It operates in four segments: Cellular Services, Fixed-Line Telecommunication Services, E-Commerce Services, and Other Businesses. The Cellular Services segment offers wireless voice and data transmission services; cellular global roaming services; interconnection services; Internet of Things solutions; and platform services, as well as sells smartphones and basic phones, tablets and other Internet access devices, and wearable devices.
Read More: CD Ladder
Receive News & Ratings for SK Telecom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SK Telecom and related companies with MarketBeat.com's FREE daily email newsletter.