NCSoft, Stock Price Down 1.27% at This Hour... Institutional Investors Net Sell 24,388 Shares in Last 5 Days
As of 9:30 AM on the 25th, NCSoft is trading at 931,000 KRW, down 1.27% from the previous day. The trading volume is 13,538 shares, which is about 14.84% of the previous day's volume. NCSoft is known as an online and mobile game developer.
On June 22, analyst Changyoung Lee of Yuanta Securities stated, "The overseas (Japan/Taiwan) launch of ‘Lineage 2M,’ the biggest performance momentum in the second half of the year, and the release schedule of the new title ‘Blade & Soul 2’ are still on track aiming for release within this year. ‘TL (The Lineage)’ is likely to be released next year after a CBT within this year, and a console version is being developed simultaneously to enter the console market. Besides ‘TL,’ several projects are underway in preparation for the launch of next-generation consoles, indicating ongoing efforts to enter new platforms." He set NCSoft’s target price at 1,120,000 KRW.
Over the past five days, individual investors have net bought 14,266 shares of NCSoft, while foreign investors and institutions have net bought 7,457 shares and net sold 24,388 shares, respectively.

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and financial AI specialist company Thinkpool.
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