Samsung Electro-Mechanics, 1,383,616 Shares Net Sold by Individuals in Last 5 Days... Stock Price 141,500 KRW (-0.7%)
As of 1:30 PM on the 11th, Samsung Electro-Mechanics is trading at 141,500 KRW, down 0.7% from the previous day. The trading volume is 377,288 shares, which is about 37.46% of the previous day's volume. Samsung Electro-Mechanics is known as an electronic components manufacturer affiliated with the Samsung Group.
On September 8, Jongwook Lee, a researcher at Samsung Securities, stated, "3Q20 started with a market rebound due to the reopening of the Philippine factory and Huawei parts orders. Considering the upside scenarios such as the spread of 5G and the shift to electric vehicles in 2021, the continued boom in substrates in 2021, and the expansion of Samsung Electronics' non-memory business, further upward revisions are possible. MLCC profits are upgraded due to the Huawei windfall. The speed of 5G (mmWave) smartphone adoption and the scenario of Huawei's market share decline provide additional upside for the company's stock price." He set the target price for Samsung Electro-Mechanics at 165,000 KRW.
Over the past five days, individual investors have net sold 1,383,616 shares of Samsung Electro-Mechanics, while foreigners and institutions have net bought 380,711 shares and 975,982 shares, respectively.
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※ 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 the financial AI specialist company Thinkpool.
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