Hyundai Steel, 229,062 Shares Net Bought by Individuals in Last 5 Days... Stock Price 39,400 KRW (-1.99%)
As of 9:30 AM on the 15th, Hyundai Steel is trading at 39,400 KRW, down 1.99% from the previous day. The trading volume is 414,363 shares, which is 33.91% of the previous day's volume. Hyundai Steel is known as an integrated steel mill producing long products and plates.
On December 10, researcher Byun Jong-man of NH Investment & Securities stated, "The sales volume of the company's main product, automotive steel sheets, is recovering due to increased production by Hyundai Motor and Kia. Therefore, besides the increase in automotive steel sheet sales, an ASP rise effect is also expected due to product mix improvement. The company is establishing a growth vision in the hydrogen vehicle business related to hydrogen fuel cell metal separators and hydrogen production using by-product gas. The company spun off its forging business and suspended operations of color steel sheets and electric furnace cold-rolled sheet hot-rolling businesses. The business portfolio is being adjusted through restructuring of low-profit businesses." He set Hyundai Steel's target price at 47,000 KRW.
Over the past five days, individual investors have net purchased 229,062 shares of Hyundai Steel, while foreigners and institutions have net purchased 63,173 shares and net sold 182,033 shares, respectively.
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※Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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