KT Stock Hits New 52-Week Low (KT)

NEW YORK ( TheStreet) -- KT Corporation (NYSE: KT) hit a new 52-week low Tuesday as it is currently trading at $13.32, below its previous 52-week low of $13.34 with 553,461 shares traded as of 9:55 a.m. ET. Average volume has been 1.5 million shares over the past 30 days.

KT has a market cap of $6.6 billion and is part of the technology sector and telecommunications industry. Shares are down 14.5% year to date as of the close of trading on Monday.

KT Corporation provides telecommunication services in Korea. The company has a P/E ratio of 6.4, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates KT as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. You can view the full KT Ratings Report.

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