KT Corporation (KT): Today's Featured Telecommunications Winner

KT Corporation ( KT) pushed the Telecommunications industry higher today making it today's featured telecommunications winner. The industry as a whole closed the day down 1.8%. By the end of trading, KT Corporation rose 7 cents (0.6%) to $12.87 on light volume. Throughout the day, 852,230 shares of KT Corporation exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in a price between $12.75-$12.91 after having opened the day at $12.77 as compared to the previous trading day's close of $12.80. Other companies within the Telecommunications industry that increased today were: Ditech Networks Corporation ( DITC), up 9%, Ikanos Communications ( IKAN), up 6.3%, Zhone Technologies ( ZHNE), up 4.2%, and Lumos Networks ( LMOS), up 3.3%.

KT Corporation provides telecommunication services in Korea. KT Corporation has a market cap of $6.8 billion and is part of the technology sector. The company has a P/E ratio of 5.1, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 18.2% year to date as of the close of trading on Friday. Currently there are no analysts that rate KT Corporation a buy, one analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates KT Corporation as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, attractive valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and feeble growth in the company's earnings per share.

On the negative front, Trunkbow International Holdings ( TBOW), down 11.6%, Powerwave Technologies ( PWAV), down 11.1%, Communications Systems ( JCS), down 10.1%, and Sky-mobi ( MOBI), down 9.2%, were all losers within the telecommunications industry with America Movil S.A.B. de C.V ( AMX) being today's telecommunications industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the telecommunications industry could consider iShares Dow Jones US Telecom ( IYZ) while those bearish on the telecommunications industry could consider ProShares Ult Sht Telecommunication ( TLL).
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