KT Stock Hits New 52-Week Low (KT)

NEW YORK (TheStreet) -- KT Corporation (NYSE:KT) hit a new 52-week low Thursday as it is currently trading at $12.49, below its previous 52-week low of $12.50 with 73,001 shares traded as of 10:06 a.m. ET. Average volume has been 1.1 million shares over the past 30 days. KT has a market cap of $6.76 billion and is part of the technology sector and telecommunications industry. Shares are down 17.3% year to date as of the close of trading on Wednesday. KT Corporation provides telecommunication services in Korea. The company has a P/E ratio of five, 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 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. You can view the full KT Ratings Report. See all 52-week low stocks or get investment ideas from our investment research center.

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