Korean Air, Foreign Investors Net Sell 379,321 Shares in Last 5 Days... Stock Price 19,200 KRW (+1.86%)
Korean Air is trading at 19,200 KRW as of 2:32 PM on the 5th, up 1.86% from the previous day. The trading volume is 1,648,589 shares, which is 188.7% of the previous day's volume. Korean Air is known as the number one airline transportation company in South Korea.
On October 5th, Minjin Bang, a researcher at Eugene Investment & Securities, stated, "The company's cash inflow is judged to be sufficient to cover operating expenses, differentiating it from competitors who are experiencing cash depletion. However, competitors in various countries are also receiving government support, delaying market restructuring. It remains difficult to predict the end of the COVID-19 pandemic and the timing of passenger momentum recovery. In particular, it implies that it may take considerable time before the company can improve its financial structure again to secure a stable net profit." He set the target price for Korean Air at 18,000 KRW.
Over the past five days, individual investors have net purchased 256,461 shares of Korean Air, while foreigners and institutions have net sold 379,321 shares and net purchased 130,005 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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