Alert: Positive Investment/Fundamental Signals (7/18/24)-Kt Corp (NYSE: KT)

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Kt Corp (NYSE: KT) has recently enjoyed extremely important positive changes in investment behavior: positive upside/downside volume developed, and the stock’s recent price rise disrupted its longer term downtrend.

Significant positive changes in fundamentals have recently occurred for Kt Corp (NYSE: KT): the consensus estimate for December, 2025 increased significantly, and the consensus estimate for December, 2024 increased significantly.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, KT is expected to continue to be an important Value Builder.

Kt has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Kt has a very high Appreciation Score of 92 but a neutral Power Rating of 40, with the Positive Value Trend Rating the result.

Recent Price Action

Kt Corp (NYSE: KT) stock closed at $13.59 on 7/18/24 after an increase of 1.0%. However, trading volume in this advance was below average at 77% of normal. The stock has risen 2.5% during the last week and has performed in line with the market over the last nine months.

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