Korean Air, Stock Price Down 1.52% at This Hour... 2,196,979 Shares Net Sold by Individuals in Last 5 Days
Korean Air is trading at 19,500 KRW as of 12:30 PM on the 7th, down 1.52% from the previous day. The trading volume is 1,138,321 shares, which is about 27.75% of the previous day's volume. Korean Air is known as the number one airline transportation company in South Korea.
On September 29, SK Securities researcher Yoo Seung-woo stated, "Recently, most airlines except for Asiana Airlines, Eastar Jet, T'way Air, Jin Air, and Fly Gangwon have been caught in various storms due to liquidity crises, but Korean Air has shown resilience through measures such as capital increases and business unit sales. Considering the planned liquidity securing funds, the debt ratio is estimated to be around 500% by the end of the year. Ultimately, since surviving airlines will clearly benefit greatly from the industry's restructuring, Korean Air is fundamentally the most attractive." He set the target price for Korean Air at 24,000 KRW.
Over the past five days, individual investors have net sold 2,196,979 shares of Korean Air, while foreigners and institutions have net bought 1,048,349 shares and 1,228,091 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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