As this happened, Goldman upgraded its KT Corporation ADR [KT] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid February with a ‘”a Buy”‘ rating. Goldman also remained covering KT and has decreased its forecast on July 11, 2024 with a “Neutral” recommendation from previously “Buy” rating. BofA Securities revised its rating on November 07, 2023. It rated KT as “a Buy” which previously was an “a Neutral”.
Price Performance Review of KT
On Monday, KT Corporation ADR [NYSE:KT] saw its stock fall -0.57% to $19.21. Over the last five days, the stock has lost -4.43%. KT Corporation ADR shares have risen nearly 23.78% since the year began. Nevertheless, the stocks have risen 46.98% over the past one year. While a 52-week high of $20.28 was reached on 05/05/25, a 52-week low of $13.08 was recorded on 01/02/25. SMA at 50 days reached $18.16, while 200 days put it at $16.40.
Levels Of Support And Resistance For KT Stock
The 24-hour chart illustrates a support level at 19.06, which if violated will result in even more drops to 18.91. On the upside, there is a resistance level at 19.30. A further resistance level may holdings at 19.39. The Relative Strength Index (RSI) on the 14-day chart is 57.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.59%. Stochastics %K at 49.77% indicates the stock is a holding.
