PKX - POSCO

NYSE - NYSE Delayed Price. Currency in USD
69.66
+0.87 (+1.26%)
At close: 4:02PM EDT
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Previous Close68.79
Open69.26
Bid31.99 x 800
Ask74.87 x 1100
Day's Range69.25 - 69.88
52 Week Range67.17 - 93.12
Volume126,938
Avg. Volume160,581
Market Cap23.312B
Beta1.37
PE Ratio (TTM)8.61
EPS (TTM)8.09
Earnings DateN/A
Forward Dividend & Yield3.27 (4.51%)
Ex-Dividend Date2017-12-28
1y Target Est105.69
Trade prices are not sourced from all markets
  • Reuters14 days ago

    GRAPHIC-Battery boom sceptics seen driving short holdings in lithium miners

    Short selling of shares in lithium miners SQM, Albemarle, Galaxy and Orocobre has ballooned this year, reflecting what fund managers say is a sign of growing scepticism of an imminent battery boom. The heavy shorting of the stocks puts investors at risk of a short squeeze if project timelines meet or beat expectations, or if near-term oversupply of battery chemicals proves to be more seasonal than structural, fund managers and analysts said. Short selling entails a bearish investor selling shares he or she does not own in the hope of profitably buying them back at a lower price in the future.

  • Moody's23 days ago

    POSCO -- Moody's assigns Baa1 to POSCO's proposed USD notes

    Moody's Investors Service has assigned a Baa1 rating to the proposed senior unsecured USD notes to be issued by POSCO. "POSCO's Baa1 ratings reflect the company's leading position in Korea's steel sector, diversified product mix, and globally competitive cost position, as well as healthy financial leverage and flexibility," says Sean Hwang, a Moody's Analyst. The ratings also take into consideration the intense competition and persistent overcapacity present in Asia's steel sector, which constrain POSCO's core steel margins.

  • Moody's2 months ago

    POSCO -- Moody's upgrades POSCO's rating to Baa1; outlook stable

    Moody's Investors Service has upgraded to Baa1 from Baa2 the senior unsecured rating of POSCO. The rating outlook is stable. "The upgrade reflects our expectation that the improving trend in POSCO's financial profile will be sustained over the next 1-2 years, driven by continued debt reductions and robust earnings," says Sean Hwang, a Moody's Analyst.

  • South Korean steelmaker POSCO names head of Posco Chemtech as candidate for next leader
    Reuters2 months ago

    South Korean steelmaker POSCO names head of Posco Chemtech as candidate for next leader

    SEOUL (Reuters) - South Korean steelmaker POSCO on Saturday selected Choi Jeong-woo, the head of affiliate Posco ChemTech, as its final candidate to lead the company. Choi still needed to win approval at an extraordinary shareholders' meeting on July 27, the company said. In April, the company said Kwon Oh-jun was stepping down from the chief executive position. POSCO was privatised in 2000, but chief executives have previously been replaced when a new administration takes office, local media reported. (Reporting by Cynthia Kim; Editing by Stephen Coates)

  • South Korean steelmaker POSCO names head of Posco Chemtech as candidate for next leader
    Reuters2 months ago

    South Korean steelmaker POSCO names head of Posco Chemtech as candidate for next leader

    South Korean steelmaker POSCO on Saturday selected Choi Jeong-woo, the head of affiliate Posco ChemTech, as its final candidate to lead the company. Choi still needed to win approval at an extraordinary ...

  • Moody's2 months ago

    POSCO -- Moody's upgrades POSCO's rating to Baa1; outlook stable

    Moody's Investors Service has upgraded to Baa1 from Baa2 the senior unsecured rating of POSCO. The rating outlook is stable. "The upgrade reflects our expectation that the improving trend in POSCO's financial profile will be sustained over the next 1-2 years, driven by continued debt reductions and robust earnings," says Sean Hwang, a Moody's Analyst.

  • InvestorPlace2 months ago

    20 Stocks With Renewed Bull Cases After Trump-Kim Summit

    The importance of President Donald Trump’s recent meeting with North Korean dictator Kim Jong Un cannot be overstated. Instead, Trump demonstrated previously inconspicuous restraint. With this sudden shift toward rapprochement, President Trump may have secured his reelection.

  • GlobeNewswire2 months ago

    Analysis: Positioning to Benefit within Kinross Gold, New York Mortgage Trust, POSCO, NXP Semiconductors N.V, Baidu, and Adverum Biotechnologies — Research Highlights Growth, Revenue, and Consolidated Results

    NEW YORK, June 04, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Kinross ...

  • Stocks Generating Improved Relative Strength: POSCO
    Investor's Business Daily3 months ago

    Stocks Generating Improved Relative Strength: POSCO

    A Relative Strength Rating upgrade for POSCO shows improving technical performance. Will it continue?

  • Reuters3 months ago

    GLOBAL LNG-Spot prices spike amid flurry of interest from Asian buyers

    Asian spot liquefied natural gas (LNG) prices spiked this week amid a flurry of buying interest from buyers in China, Pakistan, South Korea and India, and as new supply from Australia is delayed by several months. Spot prices for July (LNG-AS) delivery in Asia were at $8.70 per million British thermal units (mmBtu) this week, jumping 80 cents from the previous week, according to several LNG traders.

  • PR Newswire4 months ago

    POSCO Files its Annual Report on Form 20-F

    SEOUL, South Korea , April 27, 2018 /PRNewswire/ -- On April 27, 2018 , POSCO filed its Annual Report on Form 20-F for the year ended December 31, 2017 with the U.S.Securities and Exchange Commission. ...

  • POSCO's (PKX) Q1 Earnings, Revenues Rise Y/Y, '18 View Solid
    Zacks4 months ago

    POSCO's (PKX) Q1 Earnings, Revenues Rise Y/Y, '18 View Solid

    POSCO's (PKX) first-quarter 2018 earnings gain from healthy operating profits from steel and non-steel businesses and lower impairment loss of assets. Crude steel production rises year over year.

  • Reuters4 months ago

    South Korean steelmaker POSCO says operating profit up 9 percent in first quarter

    South Korean steelmaker POSCO on Tuesday said its operating profit for the first quarter of 2018 rose 9 percent from a year ago on firm steel demand and favourable market conditions, beating analyst estimates. The world's fifth-biggest steelmaker said in a statement that it expected steel demand to keep growing thanks to "sustained restructuring in China's steel industry and expectations of recovery in emerging market growth". POSCO posted a consolidated operating profit of 1.49 trillion won (993.4 million pounds) for the January-to-March period, compared with 1.37 trillion won a year earlier and an average estimate of 1.37 trillion won from 16 analysts polled by Reuters.

  • Reuters4 months ago

    CEO of South Korean steelmaker POSCO to step down early

    The chief executive of South Korean steelmaker POSCO will step down before his term ends in 2020 as he is keen for a younger person to lead the firm, the company said on Wednesday. Kwon Oh-joon, 69, offered his resignation at an emergency board meeting, but will stay in the post until the company appoints a new chief, a spokesman said. Kwon took over as CEO of the country's top steelmaker in March 2014.

  • Should Value Investors Pick POSCO (PKX) Stock?
    Zacks4 months ago

    Should Value Investors Pick POSCO (PKX) Stock?

    POSCO (PKX) is an inspired choice for value investors, as it is hard to beat its incredible lineup of statistics on this front.

  • Reuters4 months ago

    'Urban mining' in South Korea pulls rare battery materials from recycled tech

    Workers at a rural South Korean factory are busy extracting some of the world's most coveted metals, used in the batteries that power electric cars. Instead, they are sorting through a pile of lithium-ion batteries from old mobile phones and laptops. As China’s aggressive hunt for overseas cobalt and lithium for electric vehicles pushes up prices and causes a global shortage of the key metals, South Korea is increasingly turning to such "urban mining" to recover cobalt, lithium and other scarce metals from electronic waste.

  • Reuters4 months ago

    'Urban mining' in S.Korea pulls rare battery materials from recycled tech

    Workers at a rural South Korean factory are busy extracting some of the world's most coveted metals, used in the batteries that power electric cars. Instead, they are sorting through a pile of lithium-ion batteries from old mobile phones and laptops. As China’s aggressive hunt for overseas cobalt and lithium for electric vehicles pushes up prices and causes a global shortage of the key metals, South Korea is increasingly turning to such "urban mining" to recover cobalt, lithium and other scarce metals from electronic waste.

  • Here's Why You Should Hold on to POSCO (PKX) ADR for Now
    Zacks4 months ago

    Here's Why You Should Hold on to POSCO (PKX) ADR for Now

    POSCO (PKX) is to gain from the healthy demand for steel and initiatives targeted to improve core business operations. High debt and competition are headwinds.

  • Reuters4 months ago

    UPDATE 1-BP eyes 119 LNG cargoes a year from Tangguh, Indonesia to 2020

    * Oil major BP is targeting shipping 119 cargoes of liquefied natural gas from its Tangguh project in Indonesia's West Papua province this year, including 22 for the domestic market, a company official ...

  • Reuters5 months ago

    South Korea steel shares rise on U.S. steel tariff exemption

    South Korea's steelmakers rose on Monday, with market heavyweight Posco leading the overall sector after the United States agreed to exempt South Korea from its new steel tariffs. Washington will impose ...

  • Reuters5 months ago

    Chile says companies to invest $754 mln in lithium industry

    Chile's development agency Corfo said on Friday that companies from China and South Korea, as well as Chile, had been approved to make investments of around $754 million in the red-hot lithium industry. The companies selected in a bidding process to develop technology focused on the lithium market were Chile's Molymet and China's Sichuan Fulin Industrial Group, a joint venture between Samsung SDI Co Ltd and South Korea's POSCO .