EcoPro BM, Stock Price -0.86% at This Time... 81,561 Shares Net Sold by Individuals in the Last 5 Days

As of 2:30 PM on the 19th, EcoPro BM is trading at 127,200 KRW, down 0.86% from the previous day. The trading volume is 502,100 shares, which is 51.26% of the previous day's volume. EcoPro BM is known as a manufacturer of cathode materials for secondary batteries.

On June 17, Jeongyun Moon, a researcher at 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 expansion plans will continue 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 also 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 81,561 shares of EcoPro BM, while foreigners and institutions have net bought 31,071 shares and 40,543 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automatic 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.