SK Telecom Stock Hits New 52-Week Low (SKM)

NEW YORK ( TheStreet) -- SK Telecom (NYSE: SKM) hit a new 52-week low Thursday as it is currently trading at $11.30, below its previous 52-week low of $11.32 with 331,233 shares traded as of 10:49 a.m. ET. Average volume has been 2.1 million shares over the past 30 days.

SK Telecom has a market cap of $7.23 billion and is part of the technology sector and telecommunications industry. Shares are down 15.5% year to date as of the close of trading on Wednesday.

SK Telecom Co., Ltd. provides wireless telecommunications services principally in Korea. The company has a P/E ratio of 5.4, equal to the average telecommunications industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates SK Telecom as a hold. Among the primary strengths of the company is its attractive valuation levels, considering its current price compared to earnings, book value and other measures. At the same time, however, we also find weaknesses including deteriorating net income, disappointing return on equity and a generally disappointing performance in the stock itself. You can view the full SK Telecom Ratings Report.

See all 52-week low stocks or get investment ideas from our investment research center.

null

More from Markets

Billionaire Investor Tim Draper Explains Why Bitcoin Will Hit $250,000 in 2022

Billionaire Investor Tim Draper Explains Why Bitcoin Will Hit $250,000 in 2022

To Think a Trade War's Still Just a Threat Is the Dumbest Thing on Wall Street

To Think a Trade War's Still Just a Threat Is the Dumbest Thing on Wall Street

M&A Trends Still on Investors' Minds Despite Worries Over Tariffs -- ICYMI

M&A Trends Still on Investors' Minds Despite Worries Over Tariffs -- ICYMI

Dow Falls as U.S. Imposes Tariffs on $50 Billion of Chinese Goods

Dow Falls as U.S. Imposes Tariffs on $50 Billion of Chinese Goods

General Motors Spikes on Report It's Considering Listing Shares of Cruise Unit

General Motors Spikes on Report It's Considering Listing Shares of Cruise Unit