SK Telecom Co (SKM) Getting Somewhat Positive Media Coverage, AlphaOne Reports
News headlines about SK Telecom Co (NYSE:SKM) have trended somewhat positive this week, according to AlphaOne Sentiment Analysis. The research group, a subsidiary of Accern, identifies positive and negative news coverage by monitoring more than twenty million news and blog sources in real time. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. SK Telecom Co earned a media sentiment score of 0.15 on AlphaOne’s scale. AlphaOne also assigned press coverage about the Wireless communications provider an impact score of 0 out of 100, indicating that recent news coverage is extremely unlikely to have an impact on the company’s share price in the next several days.
Shares of SK Telecom Co (NYSE:SKM) traded up 0.38% during mid-day trading on Tuesday, hitting $23.71. 359,499 shares of the stock traded hands. The company’s 50-day moving average price is $24.66 and its 200 day moving average price is $22.48. SK Telecom Co has a 1-year low of $19.31 and a 1-year high of $26.07. The company has a market capitalization of $15.08 billion, a PE ratio of 10.29 and a beta of 0.60.
Several brokerages have recently commented on SKM. Zacks Investment Research downgraded shares of SK Telecom Co from a “strong-buy” rating to a “hold” rating in a report on Thursday, April 6th. Citigroup Inc reiterated a “neutral” rating on shares of SK Telecom Co in a report on Monday, April 24th.
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About SK Telecom Co
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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