Kia Motors, 1.557099 Million Shares Sold Net by Individuals in Last 5 Days... Stock Price at 58,500 KRW (-1.18%)
As of 9:30 AM on the 16th, Kia Motors is trading at 58,500 KRW, down 1.18% from the previous day. The trading volume is 876,860 shares, which is about 22.21% of the previous day's volume. Kia Motors is known as one of the top 10 global automobile manufacturers.
On November 12, Hana Financial Investment researchers Song Seon-jae and Gu Seong-jung stated, "Thanks to increased domestic sales and rising ASP, performance improvements continue. The SUV cycle, which led the ASP increase, is further expanding with the strong performance of existing models, the launch of the new Sportage, and its global deployment. The production increase effect at the India plant is also ongoing. While electric vehicle sales are strong mainly in Europe, from 2021, E-GMP-based dedicated electric vehicle models will be sequentially introduced, providing additional growth momentum. Performance improvements and achievements in eco-friendly vehicles will serve as a catalyst for revaluation." They set Kia Motors' target price at 64,000 KRW.
Over the past five days, individual investors have net sold 1,557,099 shares of Kia Motors, while foreign investors and institutions have net bought 1,507,676 shares and 55,980 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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