Daedong Steel (Korea) Today

048470 Stock   3,475  115.00  3.20%   

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Daedong Steel is trading at 3475.00 as of the 1st of December 2024, a 3.2 percent decrease since the beginning of the trading day. The stock's open price was 3590.0. Daedong Steel has less than a 10 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Daedong Steel Co are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of September 2024 and ending today, the 1st of December 2024. Click here to learn more.
Daedong Steel Co., Ltd. manufactures and sells various steel products. The company has 9.92 M outstanding shares. More on Daedong Steel Co

Moving together with Daedong Stock

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Moving against Daedong Stock

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Daedong Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Daedong Steel's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Daedong Steel or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic IdeaIron (View all Themes)
Business ConcentrationIron, Metals & Mining, Materials (View all Sectors)
Daedong Steel Co (048470) is traded on KOSDAQ in Korea and employs 9 people. The company currently falls under 'Large-Cap' category with a current market capitalization of 44.35 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Daedong Steel's market, we take the total number of its shares issued and multiply it by Daedong Steel's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Daedong Steel operates under Materials sector and is part of Metals & Mining industry. The entity has 9.92 M outstanding shares. Daedong Steel Co has accumulated about 10.19 B in cash with (13 B) of positive cash flow from operations.
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Ownership Allocation
The market capitalization of Daedong Steel is USD44.35 Billion. Daedong Steel Co retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please take into account that even companies with profitable outlook can generate negative future returns on their equity. If the true value of the firm is less than the current market value, you may not be able generate positive returns on investment in the long run.
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Daedong Steel Risk Profiles

Although Daedong Steel's alpha and beta are two of the key measurements used to evaluate Daedong Steel's performance over the market, the standard measures of volatility play an important role as well.

Daedong Stock Against Markets

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Other Information on Investing in Daedong Stock

Daedong Steel financial ratios help investors to determine whether Daedong Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Daedong with respect to the benefits of owning Daedong Steel security.