SK Telecom Co (SKM) Getting Positive News Coverage, Study Finds

Media stories about SK Telecom Co (NYSE:SKM) have trended positive recently, Alpha One Sentiment reports. The research firm, a subsidiary of Accern, ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources. Alpha One ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. SK Telecom Co earned a daily sentiment score of 0.40 on Alpha One’s scale. Alpha One also gave media coverage about the Wireless communications provider an impact score of 0 out of 100, meaning that recent news coverage is extremely unlikely to have an effect on the company’s share price in the next few days.

A number of analysts have recently commented on the stock. Zacks Investment Research lowered shares of SK Telecom Co from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 6th. Citigroup Inc reiterated a “neutral” rating on shares of SK Telecom Co in a research note on Monday, April 24th.

Shares of SK Telecom Co (NYSE:SKM) traded up 2.58% during mid-day trading on Friday, hitting $24.29. 501,678 shares of the stock were exchanged. The stock has a 50-day moving average price of $24.06 and a 200 day moving average price of $22.60. SK Telecom Co has a 52-week low of $19.31 and a 52-week high of $26.07. The firm has a market cap of $15.45 billion, a price-to-earnings ratio of 10.45 and a beta of 0.60.

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About SK Telecom Co

SK Telecom Co, Ltd. provides wireless telecommunications in Korea. The Company is engaged in the commercial development and implementation of wireless and fixed-line technologies and services, as well as develop its platforms, including Internet of things (IoT) solutions, lifestyle enhancement and advanced media.

5 Day Chart for NYSE:SKM

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