Patron is trading at 9,420 KRW as of 1:31 PM on the 24th, up 1.07% from the previous day. The trading volume is 728,272 shares, which is 53.26% of the previous day's volume. Patron is known as a manufacturer of mobile phone parts and other electronic components.

On June 19, Park Chan-ho, a researcher at Hyundai Motor Securities, stated, "The smartphone business division is expected to underperform compared to the company's previous forecast as it was selected as a dual flagship supplier in the second half of the year. However, camera supply for mid-to-low-end 5G models and sales from new business sectors such as automotive electronics and wearable devices are expected to be reflected from the second half, leading to improved performance in the latter half. The company’s growth momentum is highlighted by 1) enhanced technological competitiveness, 2) new business momentum through partnership with Qualcomm, and 3) growth prospects in existing new business sectors such as automotive electronics and wearable devices." He set Patron’s target price at 10,500 KRW.

Over the past five days, individual investors have net purchased 321,174 shares of Patron, while foreigners and institutions have net sold 136,991 shares and 160,660 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.

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