POSCO Stock Impressive Rise On Tuesday, Outperforms Market

(VIANEWS) – The NYSE ended the session with POSCO (PKX) rising 11.46% to $131.74 on Tuesday while NYSE rose 0.1% to $16,385.17.

POSCO’s last close was $118.19, 10.61% higher than its 52-week high of $106.85.

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 $5.37.

PE Ratio

POSCO has a trailing twelve months price to earnings ratio of 24.53. Meaning, the purchaser of the share is investing $24.53 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%.

More news about POSCO (PKX).

Leave a Reply

Your email address will not be published. Required fields are marked *