KT Corp. (KT) Jumps: Stock Rises 7.7% – Tale of the Tape

April 9, 2014 Technicals 0

Zacks

KT Corp. (KT) was a big mover last session, as the company saw its shares rise by roughly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 10% in the past one-month time frame.

This telecom services company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

KT Corp. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the same industry include SK Telecom Co. Ltd. (SKM), BlackBerry Ltd. (BBRY) and SmarTone Telecommunications Holdings Ltd. (STTFY). While SK Telecom Co. holds a Zacks Rank #1 (Strong Buy), BlackBerry and SmarTone Telecommunications Holdings carry a Zacks Rank #2 (Buy).

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