Zacks Rating on SK Telecom Co. Ltd. (SKM)

SK Telecom Co. Ltd. (SKM) : 1 brokerage houses believe that SK Telecom Co. Ltd. (SKM) is a Strong Buy at current levels. Zacks Investment Research suggests a Buy with a rank of 2.The median of all the 1 Wall Street Analysts endorse the stock as a Strong Buy with a rating of 1.


SK Telecom Co. Ltd. has lost 4.45% in the last five trading days and dropped 1.97% in the last 4 weeks. SK Telecom Co. Ltd. is up 9.62% in the last 3-month period. Year-to-Date the stock performance stands at 8.59%. SK Telecom Co. Ltd. (NYSE:SKM): On Tuesdays trading session , Opening price of the stock was $22.09 with an intraday high of $22.09. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $21.88. However, the stock managed to close at $21.88, a loss of 0.59% for the day. On the previous day, the stock had closed at $22.01. The total traded volume of the day was 282,055 shares.

SK Telecom Co., Ltd. is a wireless telecommunications service provider. The Company offers the following core services: Cellular voice services; Wireless data services; Broadband Internet, Internet Protocol television (IPTV) and fixed-line telephone services, and New businesses. The Company provides wireless voice transmission and wireless global roaming services. The Company also provides wireless data transmission services, including wireless Internet access services, and text and multimedia messages. The Companys subsidiary, SK Broadband provides broadband Internet access service and other Internet-related services, including video-on-demand and IPTV services. The Company also provides local, domestic long-distance and international long-distance fixed-line telephone services to residential and commercial subscribers. Its new businesses include platform business, business-to-business (B2B) solutions business, healthcare business and other businesses.

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