SK Innovation, Institutional Investors Net Sold 299,026 Shares in Last 5 Days... Stock Price at 158,500 KRW (+2.92%)

As of 1:30 PM on the 14th, SK Innovation is trading at 158,500 KRW, up 2.92% from the previous day. The trading volume is 727,905 shares, which is 105.9% of the previous day's volume. SK Innovation is known as a mid-tier holding company within the SK Group.

On September 14, Won Min-seok, a researcher at Hi Investment & Securities, stated, "Based on an order backlog of 484 GWh as of the end of 2019, the battery business division is pursuing an aggressive expansion strategy. Simultaneous expansion is underway for medium-to-large batteries and separators, so it is expected that the scale of performance and profitability will steadily improve in the future. The company has guided the breakeven point for the medium-to-large battery business division to 2022. Considering the listing of the separator subsidiary in the first half of 2021 and the possibility of an agreement with LG Chem, a favorable stock price trend is expected." He set the target price for SK Innovation at 185,000 KRW.

Over the past five days, individual investors have net purchased 178,737 shares of SK Innovation, while foreigners and institutions have net purchased 83,165 shares and net sold 299,026 shares, respectively.

※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.

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