AceTech, Stock Price 0.0% at This Time... Institutional Investors Net Buy 522,099 Shares in Last 5 Days
As of 1:30 PM on the 30th, Ace Tech is trading at 14,100 KRW, the same price as the previous day. The trading volume is 15,932,862 shares, which is approximately 102.81% 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 The increase in sales and improvement in profitability due to automation of the production line for RF components, which will be a key driver of major sales growth; 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 customers in the base station antenna sector, which accounts for a high proportion of sales, are the main factors for further upward revision of EPS. 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 119,839 shares of Ace Tech, while foreigners and institutions have net bought 23,279 shares and 522,099 shares, respectively.

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