One important metric to look for in a stock is an 80 or higher Relative Strength Rating. KT ADR cleared that benchmark Wednesday, with a jump from 80 to 84 Wednesday.
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IBD's proprietary rating measures price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
History shows that the best stocks typically have an 80 or better RS Rating in the early stages of their moves.
KT ADR is not currently showing a potential entry point. See if the stock goes on to form a chart pattern that could spark a new run.
Top and bottom line growth moved higher last quarter. Earnings were up 30%, compared to 0% in the prior report. Revenue increased from -14% to -6%. Look for the next report on or around Aug. 6.
The company holds the No. 7 rank among its peers in the Telecom Services-Foreign industry group. Millicom Intl Cellular, America Movil ADR and VEON ADR are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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