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

(VIANEWS) – The NYSE opens tomorrow, in less than two hours, and today’s SK Telecom (NYSE: SKM)‘s post-market value is already 4.96% down.

SK Telecom’s last close was $21.38, 5.44% below its 52-week high of $22.61.

The last session, NYSE finished with SK Telecom (SKM) rising 0.23% to $21.38. NYSE jumped 0.27% to $16,770.45, after two successive sessions in a row of gains, on what was a somewhat bullish trend exchanging 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, advertising and curated shopping under T Deal brand name, 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 T-commerce services, as well as portal services under Nate brand name. In addition, it provides call center management, base station maintenance, information gathering and consulting, database and internet website, cable broadcasting, broadcasting programs, and digital contents sourcing services; manufactures non-memory and other electronic integrated circuits; international telecommunication and mobile; and operates information and communications facilities, and mobile virtual network, as well as engages in communications and communication device retail business. SK Telecom Co., Ltd. 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 $2.19.

PE Ratio

SK Telecom has a trailing twelve months price to earnings ratio of 9.76. Meaning, the purchaser of the share is investing $9.76 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 9.58%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 1.4%, now sitting on 17.48T for the twelve trailing months.

Dividend Yield

As maintained by Morningstar, Inc., the next dividend payment is on Jun 28, 2023, the estimated forward annual dividend rate is 1.39 and the estimated forward annual dividend yield is 6.49%.

More news about SK Telecom (SKM).

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