Samsung Heavy Industries, Stock Price +0.91% at This Time... Foreigners Net Buy 1,096,561 Shares in Last 5 Days
As of 9:30 AM on the 8th, Samsung Heavy Industries is trading at 5,540 KRW, up 0.91% from the previous day. The trading volume is 3,096,485 shares, which is about 26.9% of the previous day's volume. Samsung Heavy Industries is known as a shipbuilding and offshore plant construction company.
On September 7, Kim Hong-gyun and Kang Hyun-gi, researchers at DB Financial Investment, stated, "In the offshore production facility order competition, the company shows a competitive edge in projects in Nigeria, Canada, and other locations. Although progress is slow, these projects are ongoing. As the shipyard with the largest global order backlog, the company is expected to continuously lead the market by upgrading eco-friendly and smart ship technologies where it holds a competitive advantage. For the remainder of 2020, the company is likely to demonstrate differentiation again in terms of orders. Profitability is also expected to stabilize with some time lag. Positive signs of visible corporate value improvement are anticipated." They set the target price for Samsung Heavy Industries at 7,300 KRW.
Over the past five days, individual investors have net sold 884,286 shares of Samsung Heavy Industries, while foreigners and institutions have net bought 1,096,561 shares and net sold 234,907 shares, respectively.
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※ 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.
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