Samsung Electronics, Foreign Investors Net Sell 4,182,804 Shares in Last 5 Days... Stock Price 59,100 KRW (+0.17%)
As of 10:30 AM on the 7th, Samsung Electronics is trading at 59,100 KRW, up 0.17% from the previous day. The trading volume is 4,813,545 shares, which is about 33.63% of the previous day's volume. Samsung Electronics is known as a global IT company.
On October 6, Kiwoom Securities researcher Park Yu-ak forecasted, "4Q20 operating profit expected at 9.1 trillion KRW, impacted by semiconductor price declines. Revenue expected at 63.9 trillion KRW (+1% QoQ), operating profit at 9.1 trillion KRW (-15% QoQ). IM: Marketing expenses increased due to competitors' new product launches, operating profit decreased to 3.1 trillion KRW (-27% QoQ). Semiconductors: Continued decline in DRAM and NAND prices, operating profit decreased to 3.7 trillion KRW (-27% QoQ). Display: Flexible OLED sales increased, operating profit significantly improved to 1.6 trillion KRW (+120% QoQ)." He set Samsung Electronics' target price at 72,000 KRW.
Over the past five days, individual investors have net bought 1,694,064 shares of Samsung Electronics, while foreigners and institutions have net sold 4,182,804 shares and net bought 2,371,035 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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