HMM, Institutional Investors Net Buy 1,888,144 Shares in Last 5 Days... Stock Price 13,650 KRW (-1.09%)

As of 11:30 AM on the 21st, HMM is trading at 13,650 KRW, down 1.09% from the previous day. The trading volume is 3,704,688 shares, which is 26.19% of the previous day's volume. HMM is known as a shipping business operator.

On December 16, analyst Yang Ji-hwan of Daishin Securities stated, "The stock price adjustment is due to 1) the burden from a short-term surge, 2) opinions that the increase in container cargo volume is temporary, 3) supply-demand imbalance caused by container box shortages and port congestion, and 4) various opinions including the partial social distancing in California, USA, which has disrupted the smooth operation of intermodal services, raising doubts about the sustainability of the industry recovery. However, it is expected that tight supply and demand will continue due to increased cargo volume from the 2021 economic recovery and a shortage of new container ship deliveries." He set HMM's target price at 17,000 KRW.

Over the past five days, individual investors have net sold 340,390 shares of HMM, while foreigners and institutions have net sold 1,479,276 shares and net bought 1,888,144 shares, respectively.

※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.

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