SK Telecom (SKM) Coverage Initiated by Analysts at Macquarie
Macquarie initiated coverage on shares of SK Telecom (NYSE:SKM) in a research report sent to investors on Tuesday morning, Briefing.com Automated Import reports. The brokerage issued an outperform rating on the Wireless communications provider’s stock.
Separately, Zacks Investment Research cut shares of SK Telecom from a hold rating to a strong sell rating in a report on Tuesday, February 5th. One research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the stock. SK Telecom presently has a consensus rating of Hold.
SKM stock opened at $23.40 on Tuesday. The stock has a market capitalization of $15.23 billion, a PE ratio of 5.25 and a beta of 0.27. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.16 and a quick ratio of 1.12. SK Telecom has a 12 month low of $22.66 and a 12 month high of $28.56.
About SK Telecom
SK Telecom Co, Ltd. provides wireless telecommunication services in South Korea. It operates in four segments: Cellular Services, Fixed-Line Telecommunication Services, E-Commerce Services, and Other Businesses. The Cellular Services segment offers wireless voice and data transmission services; cellular global roaming services; interconnection services; Internet of Things solutions; and platform services, as well as sells smartphones and basic phones, tablets and other Internet access devices, and wearable devices.
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