|Bid||19.56 x 800|
|Ask||21.00 x 800|
|Day's range||19.63 - 19.79|
|52-week range||14.07 - 24.49|
|Beta (5Y monthly)||0.29|
|PE ratio (TTM)||4.38|
|Forward dividend & yield||0.90 (4.56%)|
|Ex-dividend date||30 Dec 2019|
|1y target est||27.20|
The Zacks Analyst Blog Highlights: Rambus, KT, Digital Turbine and SK Telecom
Here we discuss four tech stocks that are trading for less than $20 a share with the potential to regain ground in the second-half of 2020.
Ciena (CIEN) secures a deal from SK Telink for the deployment of its Adaptive IP platform to revamp submarine network with packet-based transport connectivity solutions in a transpacific route.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Today comes news of another startup that is taking on some funding for a disruptive innovation that has the potential to make both COVID-19 as well as other kinds of clinical assessments more accessible. Nanox, a startup out of Israel that has developed a small, low-cost scanning system and "medical screening as a service" to replace the costly and large machines and corresponding software typically used for X-rays, CAT scans, PET scans and other body imaging services, is today announcing that it has raised $20 million from a strategic investor, South Korean carrier SK Telecom. SK Telecom in turn plans to help distribute physical scanners equipped with Nanox technology as well as resell the pay-per-scan imaging service, branded Nanox.Cloud, and corresponding 5G wireless network capacity to operate them.
A self-driving robot equipped with cameras and an LED screen greets visitors at the lobby in the headquarters of South Korea's largest mobile operator, checking their temperature, dispensing hand sanitiser and disinfecting the floor. "Please take part in social distancing," the white robot firmly but politely reminds three SK Telecom employees who stand chatting nearby. Having largely managed to contain an epidemic that infected more than 11,000 and killed 269, South Korea is transitioning from intensive social distancing towards what the government calls "distancing in daily life".
Now, we shall commence the presentation by SK Telecom. Today's conference call will consist of the presentation on the earnings results for Q1 of 2020 and the future management plans and strategic direction by Poong-young Yoon, CFO and Head of Corporate Center I; and Hyoung-il Ha, Head of Corporate Center II, followed by a Q&A session.
The cohort program is primarily designed to facilitate small- and mediums-sized enterprises to bring to the market products based on BlackBerry's (BB) QNX technology.