At the time of writing, POSCO Holdings Inc ADR [PKX] stock is trading at $49.25, up 8.22%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The PKX shares have gain 1.61% over the last week, with a monthly amount glided 18.56%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
POSCO Holdings Inc ADR [NYSE: PKX] stock has seen the most recent analyst activity on August 01, 2023, when Morgan Stanley downgraded its rating to a Underweight. Previously, UBS downgraded its rating to Neutral on July 26, 2023. On July 24, 2023, downgrade downgraded it’s rating to Neutral. JP Morgan downgraded its rating to a Underweight. JP Morgan downgraded its rating to a Neutral. UBS downgraded its rating to Sell for this stock on October 12, 2021. In a note dated May 28, 2021, UBS downgraded an Neutral rating on this stock.
For the past year, the stock price of POSCO Holdings Inc ADR fluctuated between $39.40 and $85.84. Currently, Wall Street analysts expect the stock to reach $77 within the next 12 months. POSCO Holdings Inc ADR [NYSE: PKX] shares were valued at $49.25 at the most recent close of the market. An investor can expect a potential return of 56.35% based on the average PKX price forecast.
Analyzing the PKX fundamentals
According to POSCO Holdings Inc ADR [NYSE:PKX], the company’s sales were 53.33B for trailing twelve months, which represents an -9.71% plunge. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.03%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.02 and Total Capital is 0.03.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 47.80 points at the first support level, and at 46.36 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.00, and for the 2nd resistance point, it is at 50.76.
Ratios To Look Out For
It is important to note that POSCO Holdings Inc ADR [NYSE:PKX] has a current ratio of 1.95. As well, the Quick Ratio is 1.35. Considering the valuation of this stock, the price to sales ratio is 0.28, the price to book ratio is 0.35 and price to earnings (TTM) ratio is 21.33.
