Hyundai Elevator, 355,863 Shares Net Purchased by Individuals in Last 5 Days... Stock Price 66,500 KRW (-2.21%)

Hyundai Elevator is trading at 66,500 KRW as of 1:32 PM on the 22nd, down 2.21% from the previous day. The trading volume is 490,895 shares, which is about 21.77% of the previous day's volume. Hyundai Elevator is known as an elevator manufacturer with a domestic market share of over 40%.

On June 19, Daishin Securities analyst Lee Dong-heon stated, "Through the announcement on 6/18, the company decided on treasury stock cancellation and a bonus issue. This decision aims to enhance shareholder value. Recovery is expected from 3Q20, with significant improvement anticipated next year. Regarding the North Korea situation, despite continued harsh statements and actions from North Korea, it is a repetitive cycle in the long term. The core business is experiencing a decline in domestic elevator sales, but maintenance market share is expected to increase faster than anticipated. However, overseas sales are forecasted to decrease in the first half of this year due to the impact of COVID-19. The North Korea business cannot be expected to resume immediately." He set Hyundai Elevator’s target price at 73,000 KRW.

Over the past five days, individual investors have net purchased 355,863 shares of Hyundai Elevator, while foreigners and institutions have net sold 24,122 shares and 333,208 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.