LG Electronics, Stock Price 0.0% at This Hour... Institutional Investors Sold Net 891,791 Shares in Last 5 Days
As of 10:31 AM on the 14th, LG Electronics is trading at 91,700 KRW, the same price as the previous day. The trading volume is 291,951 shares, which is about 29.06% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.
On October 12, Kiwoom Securities researcher Kim Ji-san estimated that "the consolidated operating profit for Q4 will be 601.4 billion KRW (QoQ -37%, YoY 491%). Although the performance improvement trend compared to the previous year will continue, a seasonal momentum slowdown is inevitable. Key points to watch in Q4 are: 1) the deficit in automotive parts will significantly decrease, raising expectations for a turnaround next year, and 2) TV sales strategies during the year-end shopping season in the untact environment will likely focus on online channels, which may ease the intensity of promotions." He set LG Electronics' target price at 110,000 KRW.
Over the past five days, individual investors have net purchased 234,346 shares of LG Electronics, while foreigners and institutions have net purchased 642,902 shares and net sold 891,791 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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