POSCO (PKX) Projected to Post Earnings on Wednesday

POSCO (NYSE:PKX) will likely be releasing its earnings data before the market opens on Wednesday, February 19th. Analysts expect POSCO to post earnings of $0.74 per share and revenue of $12.48 billion for the quarter.

POSCO Trading Down 1.7 %

Shares of PKX opened at $39.77 on Thursday. POSCO has a fifty-two week low of $39.40 and a fifty-two week high of $86.10. The business has a 50-day moving average of $44.49 and a 200 day moving average of $55.88. The firm has a market cap of $12.07 billion, a P/E ratio of 13.95, a price-to-earnings-growth ratio of 1.93 and a beta of 1.39. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.35 and a current ratio of 1.95.

Analyst Ratings Changes

Separately, StockNews.com cut shares of POSCO from a “buy” rating to a “hold” rating in a research note on Thursday, January 2nd.

About POSCO

POSCO Holdings Inc, together with its subsidiaries, operates as an integrated steel producer in Korea and internationally. It operates through six segments: Steel, Trading, Construction, Logistics and Others, Green Materials and Energy, and Others. The company engages in the production, import, sale, and export of steel products, such as hot and cold rolled steel, stainless steel, plates, wire rods, and silicon steel sheets, as well as pig iron, billets, blooms, and slabs; trading of steel and raw materials, textiles, agricultural commodities, and other goods; natural resources development and power generation activities; and planning, designing, and construction of industrial plants, civil engineering projects, and commercial and residential buildings.