Ecopro BM, 'Growth Expectations Rise Due to Potential Collaboration Between Samsung SDI and Hyundai Motor Group!' Stock Price 98,300 KRW (0.82%)

As of 10:30 AM on the 22nd, Ecopro BM is trading at 98,300 KRW, up 0.82% from the previous day. The trading volume is 471,849 shares, which is about 40.29% of the previous day's volume. Ecopro BM is known as a manufacturer of cathode materials for secondary batteries.

On May 21, researcher Jongwon Lee of Sangsangin Securities stated, "Ecopro BM is the only domestic company mass-producing NCA cathode materials, and with the start of CAM5 mass production, shipments of cathode materials for Samsung SDI EVs are expected to increase significantly starting in the fourth quarter, marking a clear earnings momentum. The sales of cathode materials for EVs are expected to continue increasing quarter-over-quarter. Considering the company's CAPA expansion speed, the battery shipments of major customers in 2021 are expected to double compared to the 2020 level. Despite the possibility of short-term stock price volatility, the buy approach from a mid- to long-term growth perspective is very positive." He set the target price for Ecopro BM at 130,000 KRW.

Over the past five days, individual investors have net sold 224,608 shares of Ecopro BM, while foreigners and institutions have net bought 101,643 shares and 121,817 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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

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