KT (NYSE:KT) Shares Cross Above 50-Day Moving Average – What’s Next?

Posted by Francis Steltz on Nov 8th, 2026

Shares of KT Corporation (NYSE:KT – Get Free Report) passed above its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $18.80 and traded as high as $19.15. KT shares last traded at $18.9450, with a volume of 3,880,881 shares.

Key KT News

Here are the key news stories impacting KT this week:

Neutral Sentiment: Reports say the KT Wiz changed its baseball lineup after an injury and adjusted its batting approach; another article discusses bullpen performance in the Korean Series. These sports developments are unlikely to have a material effect on KT Corporation’s financial results. Lineup report Korean Series report
Neutral Sentiment: The story about Ccigmaa building personal-care brands is unrelated to KT Corporation. Ccigmaa article
Neutral Sentiment: The reported e-cigarette patent dispute and record quarterly results/shareholder-return plan concern KT&G, a different company, not KT Corporation. They should not be treated as catalysts for KT shares. KT&G dispute report KT&G results and shareholder-return report

Wall Street Analyst Weigh In

KT has been the topic of a number of research analyst reports. Weiss Ratings downgraded shares of KT from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, October 30th. Zacks Research raised shares of KT from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $23.08.

Check Out Our Latest Research Report on KT

KT Trading Up 3.1%

The company has a quick ratio of 1.08, a current ratio of 1.13 and a debt-to-equity ratio of 0.35. The stock’s 50 day moving average price is $18.80 and its 200-day moving average price is $19.84. The stock has a market capitalization of $9.14 billion, a P/E ratio of 10.19, a P/E/G ratio of 4.62 and a beta of 0.62.

KT (NYSE:KT – Get Free Report) last announced its earnings results on Wednesday, September 2nd. The technology company reported $0.61 earnings per share (EPS) for the quarter. The business had revenue of $4.45 billion for the quarter. KT had a return on equity of 6.45% and a net margin of 4.72%. As a group, equities research analysts expect that KT Corporation will post 2.06 earnings per share for the current year.

Hedge Funds Weigh In On KT

A number of large investors have recently added to or reduced their stakes in the company. Allworth Financial LP raised its position in shares of KT by 40.9% in the 3rd quarter. Allworth Financial LP now owns 6,856 shares of the technology company’s stock valued at $118,000 after purchasing an additional 1,989 shares during the last quarter. Russell Investments Group Ltd. boosted its stake in KT by 2.5% in the 3rd quarter. Russell Investments Group Ltd. now owns 1,854,833 shares of the technology company’s stock worth $35,149,000 after purchasing an additional 45,716 shares in the last quarter. Nan Fung Trinity HK Ltd. grew its position in KT by 8.8% during the 3rd quarter. Nan Fung Trinity HK Ltd. now owns 2,254,940 shares of the technology company’s stock worth $42,731,000 after purchasing an additional 182,900 shares during the last quarter. Jefferies Financial Group Inc. purchased a new stake in KT during the 3rd quarter worth approximately $199,000. Finally, Allspring Global Investments Holdings LLC grew its position in KT by 11.1% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 5,926,227 shares of the technology company’s stock worth $110,880,000 after purchasing an additional 594,335 shares during the last quarter. 18.86% of the stock is currently owned by institutional investors.

About KT

(Get Free Report)

KT Corporation, formerly known as Korea Telecom, is a South Korean telecommunications and technology company. Established as a state-owned telecommunications provider in 1981, it was privatized in 2002 and adopted the KT name.

The company provides fixed-line and mobile communications, high-speed internet and broadband, and IPTV services. It also serves businesses and public-sector organizations with information and communications technology solutions, including cloud, data center and network services.

KT’s operations are centered primarily in South Korea, where it serves consumers, businesses and government customers.