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's operating segments are 1) Steel Segment includes the production and sale of steel products. 2) Green Infrastructure Business includes the provision of infrastructure and related services. The segment is divided into three operations, Trading Segment consists trading and natural resources development activities. Construction Segment consists planning, designing and construction of industrial plants, civil engineering projects and buildings. The energy and Other Segment consists power generation and information technology and operational technology services. 3) Green Materials and Energy Segment include manufacturing and sale of energy-related and other industrial materials, 4) 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 April 22, 2024, PKX stock price climbed to $71.60 with 96,613 million shares trading.

PKX has a beta of 1.38, meaning it tends to be more sensitive to market movements. PKX has a correlation of 0.17 to the broad based SPY ETF.

PKX has a market cap of $21.72 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 return of -6.0%, while the SPY ETF gained +22.3%. In the last 3 month period, PKX fell short of the market, returning -8.0%, while SPY returned +3.9%. However, in the most recent 2 weeks PKX has outperformed the stock market by returning -2.7%, while SPY returned -3.6%.

PKX support price is $69.26 and resistance is $71.92 (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.