SK Telecom (NYSE:SKM – Get Free Report) announced its earnings results on Wednesday. The Wireless communications provider reported $0.63 EPS for the quarter, Zacks reports. SK Telecom had a return on equity of 9.03% and a net margin of 6.31%.
SK Telecom Stock Performance
SK Telecom stock opened at $21.90 on Friday. SK Telecom has a fifty-two week low of $19.88 and a fifty-two week high of $24.58. The stock has a market cap of $8.62 billion, a price-to-earnings ratio of 10.14, a PEG ratio of 1.92 and a beta of 0.80. The stock’s 50 day simple moving average is $21.51 and its two-hundred day simple moving average is $22.53. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.88 and a current ratio of 0.91.
Wall Street Analyst Weigh In
Separately, StockNews.com raised shares of SK Telecom from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 1st.
About SK Telecom
SK Telecom Co, Ltd. provides wireless telecommunication services in South Korea. The company operates through three segments: Cellular Services, Fixed-Line Telecommunications Services, and Other Businesses. The Cellular Services segment offers wireless voice and data transmission, Internet of Things solutions, platform, cloud, smart factory solutions, subscription, advertising and curated shopping under T Deal brand name, and metaverse platform-based services, as well as sells wireless devices.
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