AceTech, Stock Price Down 0.73% at This Hour... Institutional Investors Net Buy 470,860 Shares in Last 5 Days

As of 9:30 AM on the 29th, Ace Tech is trading at 13,550 KRW, down 0.73% from the previous day. The trading volume is 5,863,341 shares, which is about 20.43% of the previous day's volume. Ace Tech is known as a manufacturer of communication equipment such as RF components and base station antennas.

On June 25, Lee Jeong-gi, a researcher at Hana Financial Investment, stated, "① Increased sales and improved profitability driven by automation of the production line for RF components, which will be a key growth driver for major sales ② Increased orders due to rising market share of network equipment from major clients such as Ericsson and Samsung Electronics ③ Securing growth by acquiring many new clients in the base station antenna sector, which accounts for a high proportion of sales are the main factors for further EPS upgrades. In 2021, 5G investment is expected to accelerate, and orders from the company's major clients, Ericsson and Samsung Electronics, are expected to gradually increase." He set Ace Tech's target price at 16,650 KRW.

Over the past five days, individual investors have net sold 371,857 shares of Ace Tech, while foreigners and institutions have net bought 204,000 shares and 470,860 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.