Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell even higher, with the expectation that established trends will continue [1] Company Overview: KT Corp. - KT Corp. currently holds a Momentum Style Score of B, indicating potential as a solid momentum pick [3][10] - The company has a Zacks Rank of 2 (Buy), which is associated with strong market performance [4] Price Performance - KT's shares have increased by 4.78% over the past week, outperforming the Zacks Wireless Non-US industry, which rose by 1.02% [6] - Over the last month, KT's price change is 10.69%, compared to the industry's 5.35% [6] - In the past quarter, KT's shares rose by 15.93%, and over the last year, they increased by 30.43%, while the S&P 500 only moved 2.67% and 24.29%, respectively [7] Trading Volume - KT's average 20-day trading volume is 498,480 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the last two months, one earnings estimate for KT has increased, while none have decreased, raising the consensus estimate from $1.79 to $1.86 [10] - For the next fiscal year, one estimate has moved upwards with no downward revisions, indicating positive earnings momentum [10]
KT Corp. (KT) Is Up 4.78% in One Week: What You Should Know