(VIANEWS) – Shares of POSCO (NYSE: PKX) rose by a staggering 30.25% in 21 sessions from $74.61 at 2023-07-06, to $97.18 at 11:39 EST on Thursday, after five sequential sessions in a row of gains. NYSE is rising 0.11% to $16,248.02, after three consecutive sessions in a row of gains.
POSCO’s last close was $98.20, 12.02% above its 52-week high of $87.66.
About POSCO
POSCO Holdings Inc., together with its subsidiaries, manufactures and sells iron and steel rolled products in South Korea and internationally. It operates in two segments Steel and Others. The company offers hot and cold rolled steel, steel plates, wire rods, galvanized steel, electrical steel, stainless steel, and titanium. It is also involved in the e-commerce business; processing and sale of steel by-products; and provision of business support, and office administration and management consulting services. The company serves automotive, construction, shipbuilding, energy, home appliances, and industrial machinery applications. POSCO Holdings Inc. was incorporated in 1968 and is headquartered in Pohang, South Korea.
Earnings Per Share
As for profitability, POSCO has a trailing twelve months EPS of $5.35.
PE Ratio
POSCO has a trailing twelve months price to earnings ratio of 18.16. Meaning, the purchaser of the share is investing $18.16 for every dollar of annual earnings.
The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is 4.28%.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, POSCO’s stock is considered to be oversold (<=20).
Earnings Before Interest, Taxes, Depreciation, and Amortization
POSCO’s EBITDA is 0.01.
Volume
Today’s last reported volume for POSCO is 83965 which is 66.36% below its average volume of 233273.
Dividend Yield
According to Morningstar, Inc., the next dividend payment is on Mar 29, 2023, the estimated forward annual dividend rate is 1.89 and the estimated forward annual dividend yield is 2.18%.
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