SK Innovation, Stock Price +1.9% at This Hour... 417,806 Shares Sold Net by Individuals in Last 5 Days

As of 1:30 PM on the 10th, SK Innovation is trading at 187,500 KRW, up 1.9% from the previous day. The trading volume is 2,846,720 shares, which is about 47.73% of the previous day's volume. SK Innovation is known as a mid-tier holding company within the SK Group.

On August 7th, Sung Hyun Hwang, a researcher at Eugene Investment & Securities, stated that SK Innovation's battery production capacity is expected to expand from 20 GWh in 2020 to 71 GWh in 2023 and 100 GWh in 2025, showing the fastest external growth in the industry. The separator capacity is also expected to grow rapidly to 1.5 billion m2 by 2022, and operating profit is projected to increase from 200 billion KRW in 2020 to 350 billion KRW in 2022. Although net debt expanded to 8.8 trillion KRW as of Q2 2020, raising concerns about the financial structure, these concerns are expected to ease with the listing of the separator business SKIET in the first half of 2021. Holding momentum from the battery patent lawsuit results against competitors expected to be announced in October and the SKIET listing, there is sufficient upside potential even at the current stock price. He set the target price for SK Innovation at 210,000 KRW.

Over the past five days, individual investors have net sold 417,806 shares of SK Innovation, while foreigners and institutions have net bought 74,237 shares and 327,675 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 financial AI specialist company Thinkpool.

This content was produced with the assistance of AI translation services.