SK Telecom (SKM) Getting Positive News Coverage, Report Finds
News articles about SK Telecom (NYSE:SKM) have been trending positive on Thursday, according to Accern. The research firm scores the sentiment of news coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. SK Telecom earned a media sentiment score of 0.29 on Accern’s scale. Accern also assigned media stories about the Wireless communications provider an impact score of 46.4910639932743 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Shares of SK Telecom (NYSE SKM) traded up $0.20 during mid-day trading on Thursday, reaching $27.72. The company had a trading volume of 739,383 shares, compared to its average volume of 511,623. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.90 and a current ratio of 0.94. The stock has a market capitalization of $20,300.00, a PE ratio of 7.59, a P/E/G ratio of 1.09 and a beta of 0.42. SK Telecom has a 52 week low of $20.94 and a 52 week high of $28.76.
SKM has been the subject of several recent research reports. Zacks Investment Research cut SK Telecom from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, September 27th. Citigroup upgraded SK Telecom from a “neutral” rating to a “buy” rating in a research report on Friday, December 1st. Finally, Morgan Stanley reiterated an “equal weight” rating on shares of SK Telecom in a research report on Thursday. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. SK Telecom currently has a consensus rating of “Hold” and a consensus price target of $31.00.
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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