SK Hynix, Stock Price Down 2.57% at This Hour... 2.9 Million 1,677 Shares Net Sold by Individuals in Last 5 Days
As of 1:30 PM on the 31st, SK Hynix is trading at 75,800 KRW, down 2.57% from the previous day. The trading volume is 3,073,169 shares, which is 125.34% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.
On August 27, Dongwon Kim, a researcher at KB Securities, stated, "It is judged that the focus should be on performance improvement next year rather than concerns about SK Hynix's performance decline in the second half of the year. The reasons are: ① Considering the semiconductor price and SK Hynix stock price trends over the past 10 years, the full-scale stock price rebound occurred on average 6 months before the turning point of fixed price increase (expected in September-October 2020), and ② SK Hynix is estimated to significantly reduce capital expenditure this year (2020E 8.3 trillion KRW, -66% YoY), so DRAM and NAND supply reduction is expected toward the first half of next year." He set SK Hynix's target price at 105,000 KRW.
Over the past five days, individual investors have net sold 2,901,677 shares of SK Hynix, while foreigners and institutions have net bought 1,525,121 shares and 1,364,446 shares, respectively.
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※ Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an article automatic generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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