SK Hynix, Stock Price +0.58% at This Hour... Institutional Investors Net Buy 1,691,536 Shares in Last 5 Days
As of 1:30 PM on the 6th, SK Hynix is trading at 86,600 KRW, up 0.58% from the previous day. The trading volume is 2,189,802 shares, which is 53.82% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.
On November 5th, Kim Unho, a researcher at IBK Investment & Securities, stated, "We expect the decline in earnings to end after the fourth quarter. Mobile DRAM prices have already started to stabilize, and server DRAM is also expected to rebound soon. Intel's NAND acquisition is judged to have a positive long-term impact on profitability. ROE is expected to turn upward from the low point in 2019. With reduced inventory levels, price negotiation power is expected to increase in the first quarter of 2021, and the previously weak demand is also expected to rebound in 2021." He set the target price for SK Hynix at 110,000 KRW.
Over the past five days, individual investors have net sold 1,623,035 shares of SK Hynix, while foreigners and institutions have net sold 15,206 shares and net bought 1,691,536 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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