LG Electronics, Stock Price Down 1.72% at This Hour... 1,351,179 Shares Net Sold by Individuals in Last 5 Days
As of 9:30 AM on the 11th, LG Electronics is trading at 91,600 KRW, down 1.72% from the previous day. The trading volume is 351,549 shares, which is about 12.27% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.
On September 8, analyst Kyungtak Noh of Eugene Investment & Securities stated, "Due to the temporary slowdown in consumption in the first half of the year caused by the global spread of the coronavirus, sales are expected to stagnate; however, as consumption polarization intensifies, steady demand for premium home appliances is being maintained. This is expected to improve the product mix, and attention should be paid to the expansion of OLED panel production by subsidiaries in the second half of the year and the recovery of TV sales with the arrival of the year-end consumption season." He set LG Electronics' target price at 105,000 KRW.
Over the past five days, individual investors have net sold 1,350,179 shares of LG Electronics, while foreign investors and institutions have net bought 628,196 shares and 722,590 shares, respectively.
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※ Source: AI Investment Assistant AI Rassiro
※ 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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