Ecopro BM, 317,287 Shares Net Sold by Individuals in Last 5 Days... Stock Price 128,800 Won (-3.38%)

As of 12:30 PM on the 18th, Ecopro BM is trading at 128,800 KRW, down 3.38% from the previous day. The trading volume is 764,852 shares, which is about 22.52% of the previous day's volume. Ecopro BM is known as a producer of cathode materials for secondary batteries.

On June 17, analyst Moon Jung-yoon of KTB Investment & Securities stated, "Growth centered on EVs is expected to continue in 2021. NCA is expected to benefit from Samsung SDI’s full adoption of NCA in its 5th generation EV batteries. NCM demand is expected to continue increasing based on a long-term supply contract with SKI. Large-scale capacity expansions are planned to meet front-end demand. Capacity is projected to expand significantly from 49,000 tons in 2020 to 109,000 tons in 2022. Short-term borrowing increase is inevitable; however, EBITDA is estimated to exceed CAPEX starting in 2021. Concerns about the financial structure are expected to be resolved." He set the target price for Ecopro BM at 145,000 KRW.

Over the past five days, individual investors have net sold 317,287 shares of Ecopro BM, while foreigners and institutions have net bought 236,234 shares and 69,434 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 financial AI specialist Thinkpool.

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