Hyundai Motor, Stock Price +0.28% at This Hour... Institutional Investors Sold Net 251,592 Shares in Last 5 Days
As of 10:30 AM on the 15th, Hyundai Motor Company is trading at 180,500 KRW, up 0.28% from the previous day. The trading volume is 1,475,234 shares, which is about 47.8% of the previous day's volume. Hyundai Motor is known as the number one automaker in South Korea.
On September 14, analyst Lee Jae-il of Eugene Investment & Securities stated, "The global demand recovery trend continues, and the launch of Genesis in the U.S. is imminent. The company's performance improvement is expected to continue through the fourth quarter of this year and into 2021. Factors such as the big cycle of eco-friendly vehicles and the global launch effect of Genesis are also positive. The recent entry into the budget phone business can be seen as a signal for the full-scale launch of connected car services starting next year. It is important to note that the business is entering a structural transition period." He set Hyundai Motor's target price at 200,000 KRW.
Over the past five days, individual investors have net purchased 226,600 shares of Hyundai Motor, while foreign investors and institutions have net sold 76,127 shares and 251,592 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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