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SK Telecom Co., Ltd. (NYSE:SKM)’s share price hit a new 52-week high during mid-day trading on Tuesday , StockRatingsNetwork.com reports. The company traded as high as $30.86 and last traded at $30.69, with a volume of 503,588 shares changing hands. The stock had previously closed at $29.92.

The stock has a 50-day moving average of $27.90 and a 200-day moving average of $24.44. The company has a market cap of $19.728 billion and a price-to-earnings ratio of 11.80.

SK TELECOM CO., LTD. is a Korea-based company principally engaged in the provision of wireless communication services.

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