KF Stock Summary and Trading Ideas (Korea New | NYSE:KF)

The Fund’s investment objective is to seek long-term capital appreciation through investment in securities, primarily equity securities, of Korean companies.

Korea New trades on the NYSE stock market under the symbol KF.

As of April 19, 2024, KF stock price declined to $22.99 with 15,600 million shares trading.

KF has a market cap of $112.15 million. This is considered a Micro Cap stock.

In the last 3 years, KF stock traded as high as $46.88 and as low as $18.30.

KF has underperformed the market in the last year with a price return of +4.9% while the SPY ETF gained +21.2%. However, in the short term, KF had mixed performance relative to the market. It has outperformed in the last 3 months, returning +9.0% vs +4.3% return in SPY. But in the last 2 weeks, KF shares have been beat by the market, returning -8.6% compared to an SPY return of -3.5%.

KF support price is $22.90 and resistance is $23.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KF stock will trade within this expected range on the day.