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SK Telecom Already 4% Down, Almost Four Hours Before The Market Open

(VIANEWS) – The NYSE opens in less than four hours and SK Telecom‘s pre-market value is already 4.9% down.

SK Telecom’s last close was $20.20, 28.11% below its 52-week high of $28.10.

The last session, NYSE finished with SK Telecom (SKM) sliding 4.4% to $20.20. NYSE dropped 0.06% to $16,016.09, after two consecutive sessions in a row of losses, on what was a somewhat down trend trading session.

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, and metaverse platform-based services, as well as sells wireless devices. The Fixed-Line Telecommunications Services segment provides fixed-line telephone services; broadband Internet services; media platform services, such as Internet protocol TV and cable TV; and business communications services. The Other Businesses segment offers television shopping services under the T-commerce brand, as well as portal services. In addition, it provides call center management, base station maintenance, information gathering and consulting, system software development and supply, quantum information and communications, data base and internet website, and digital contents sourcing services; manufactures and sells e-book; sells contents and mastering quality sound album; sells and trades in anti-theft and surveillance devices; and operates information and communications facilities. As of December 31, 2021, the company had 3.6 million fixed-line telephone and 31.9 million wireless subscribers. SK Telecom Company Limited was incorporated in 1984 and is headquartered in Seoul, South Korea.

Earnings Per Share

As for profitability, SK Telecom has a trailing twelve months EPS of $2.03.

PE Ratio

SK Telecom has a trailing twelve months price to earnings ratio of 9.97. Meaning, the purchaser of the share is investing $9.97 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 4.95%.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 28, 2022, the estimated forward annual dividend rate is 1.84 and the estimated forward annual dividend yield is 9.41%.

Moving Average

SK Telecom’s worth is under its 50-day moving average of $20.92 and under its 200-day moving average of $22.23.

Revenue Growth

Year-on-year quarterly revenue growth grew by 4%, now sitting on 17.08T for the twelve trailing months.

Volume

Today’s last reported volume for SK Telecom is 676704 which is 61.82% above its average volume of 418037.

More news about SK Telecom (SKM).

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