SK Hynix, Foreign Investors Net Sell 702,585 Shares Over Last 5 Days... Stock Price 84,800 KRW (-0.7%)

As of 9:30 AM on the 22nd, SK Hynix is trading at 84,800 KRW, down 0.7% from the previous day. The trading volume is 375,235 shares, which is about 11.74% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.

On June 17, KB Securities analyst Kim Dong-won forecasted, "The swing factor for SK Hynix's performance in 2020 and 2021 is expected to be the reduction of NAND deficits. This is due to ① the expansion of 96-layer production share (50%) and the start of 128-layer production improving the cost structure, ② a 50% year-on-year increase in eSSD demand, and ③ the full-scale adoption of high-capacity SSDs in PCs and game consoles starting in the second half of this year. Accordingly, the NAND segment's operating deficit is expected to improve significantly from 3.1 trillion KRW in 2019 to -0.8 trillion KRW in 2020E and +0.6 trillion KRW in 2021E." He set the target price for SK Hynix at 115,000 KRW.

Over the past five days, individual investors have net purchased 213,015 shares of SK Hynix, while foreigners and institutions have net sold 702,585 shares and net purchased 480,095 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.