PKX Stock Summary and Trading Ideas (Posco Holdings American Depositary Shares (Each Representing 1/4Th Of A Share Of Common Stock) | NYSE:PKX)

POSCO Holdings Inc is a holding company and operates through its subsidiaries. The company operates across four distinct segments. The first segment is the Steel Segment, which includes the production and sale of steel products. The second segment is the Green Infrastructure Business, which is further divided into three operations. The Trading Segment comprises trading and natural resource development activities. The Construction Segment involves the planning, designing, and construction of industrial plants, civil engineering projects, and buildings. The Energy and Other Segments include power generation, as well as information technology and operational technology services. The third segment is the Green Materials and Energy Segment, and the fourth segment is the Others Segment.

Posco Holdings American Depositary Shares (Each Representing 1/4Th Of A Share Of Common Stock) trades on the NYSE stock market under the symbol PKX.

As of May 10, 2024, PKX stock price declined to $72.86 with 75,188 million shares trading.

PKX has a beta of 1.34, meaning it tends to be more sensitive to market movements. PKX has a correlation of 0.16 to the broad based SPY ETF.

PKX has a market cap of $22.11 billion. This is considered a Large Cap stock.

In the last 3 years, PKX stock traded as high as $133.09 and as low as $36.53.

The top ETF exchange traded funds that PKX belongs to (by Net Assets): GNR, VEU, SPDW, AVEM, FRDM.

PKX has underperformed the market in the last year with a price return of +6.0% while the SPY ETF gained +27.8%. PKX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -13.2% and +1.8%, respectively, while the SPY returned +4.2% and +2.5%, respectively.

PKX support price is $72.21 and resistance is $75.01 (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 PKX stock will trade within this expected range on the day.