Gamevil, Stock Down 2.65% at This Hour... 'Achieves Operating Profit Through Transition to Business Holding Company'

As of 12:32 PM on the 18th, Gamevil is trading at 27,550 KRW, down 2.65% from the previous day. The trading volume is 19,872 shares, which is about 35.56% of the previous day's volume. Gamevil is known as a mobile game development and publishing company.

On May 14, KB Securities analyst Dongryun Lee stated, "Starting from the second half of 2020, a sequential release of new game lineups is planned. The developer of Arcana Tactics, Tikitaka Studio, was recently acquired by Com2uS, with Com2uS handling development and Gamevil handling publishing. The MMORPG , currently under development by Com2uS, is also one of Gamevil's key IPs and is planned to be published by Gamevil. From Gamevil's perspective, this arrangement allows them to leverage Com2uS's development capabilities under favorable terms and also receive IP royalties, making it the most anticipated title of 2021." He set Gamevil's target price at 33,000 KRW.

Over the past five days, individual investors have net purchased 31,364 shares of Gamevil, while foreign investors and institutions have net sold 38,057 shares and net purchased 5,807 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

This content was produced with the assistance of AI translation services.