(VIANEWS) – Shares of POSCO (NYSE: PKX) rose by a staggering 27.67% in 21 sessions from $76.44 at 2023-07-05, to $97.59 at 10:53 EST on Wednesday, after five sequential sessions in a row of gains. NYSE is rising 0.58% to $16,250.97, after two consecutive sessions in a row of gains.
POSCO’s last close was $97.18, 10.86% higher than 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 18.24. Meaning, the purchaser of the share is investing $18.24 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%.
Volume
Today’s last reported volume for POSCO is 175645 which is 28% below its average volume of 228326.
Revenue Growth
Year-on-year quarterly revenue growth declined by 9.2%, now sitting on 82.79T for the twelve trailing months.
Moving Average
POSCO’s value is way above its 50-day moving average of $73.52 and way above its 200-day moving average of $61.59.
More news about POSCO (PKX).
