BigHit, Stock Price +0.55% at This Time... Institutional Investors Net Buy 47,815 Shares in Last 5 Days

As of 1:30 PM on the 2nd, BigHit is trading at 182,000 KRW, up 0.55% from the previous day. The trading volume is 126,291 shares, which is about 38.86% of the previous day's volume.

On November 27, Nam Hyoji, a researcher at KTB Investment & Securities, stated, "Over the next two years, four new rookie groups are scheduled to debut under BigHit Labels. Leveraging the company's experience in artist development and the Weverse platform, the growth rate of the artists is expected to accelerate, leading to a rapid increase in their contribution to earnings. Assuming a 25% increase in labor costs due to an increase in technical personnel, as well as increases in transportation costs, new office rent and management fees, and stock compensation expenses, the operating profit for 2021 is projected to grow significantly to 246.1 billion KRW." He set BigHit's target price at 250,000 KRW.

Over the past five days, individual investors have net sold 46,065 shares of BigHit, while foreigners and institutions have net sold 2,797 shares and net bought 47,815 shares, respectively.

※ 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.

This content was produced with the assistance of AI translation services.