POSCO (NYSE:PKX) Hits New 52-Week Low at $41.54
POSCO (NYSE:PKX) shares hit a new 52-week low on Tuesday . The stock traded as low as $41.54 and last traded at $43.02, with a volume of 193554 shares changing hands. The stock had previously closed at $42.04.
PKX has been the subject of several analyst reports. Macquarie raised shares of POSCO from a “neutral” rating to an “outperform” rating in a research report on Tuesday, July 23rd. ValuEngine raised shares of POSCO from a “strong sell” rating to a “sell” rating in a research report on Wednesday, June 26th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company. POSCO has an average rating of “Hold”.
The company has a current ratio of 1.83, a quick ratio of 1.24 and a debt-to-equity ratio of 0.22. The company has a market capitalization of $14.96 billion, a price-to-earnings ratio of 8.94 and a beta of 1.10. The business has a 50-day moving average of $48.98.
About POSCO (NYSE:PKX)
POSCO manufactures and sells steel rolled products and plates in South Korea and internationally. It operates through four segments: Steel, Construction, Trading, and Others. The company offers hot and cold rolled steel, wire rods, galvanized and electrical galvanized steel, steel plates, electrical and stainless steel, and titanium.
See Also: Cost of Goods Sold (COGS)
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