Sk Telecom Corporati Sets New 1-Year High at $22.65 (SKM)
Sk Telecom Corporati (NYSE:SKM) set a new 52-week high during mid-day trading on Thursday, StockRatingsNetwork.com reports. The stock traded as high as $22.65 and last traded at $22.43, with a volume of 486,957 shares. The stock had previously closed at $22.04.
Separately, analysts at Zacks reiterated a “neutral” rating on shares of Sk Telecom Corporati (NYSE:SKM) in a research note to investors on Wednesday, July 3rd. They now have a $21.00 price target on the stock.
Two research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. Sk Telecom Corporati has a consensus rating of “Buy” and an average target price of $21.00.
Sk Telecom Corporati has a 52-week low of $14.26 and a 52-week high of $22.48. The stock has a 50-day moving average of $21.56 and a 200-day moving average of $20.17. The company has a market cap of $14.158 billion and a P/E ratio of 10.19.
SK Telecom Co, Ltd. (NYSE:SKM) is a Korea-based wireless telecommunications services provider.
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