Kakao, 193,637 Shares Net Bought by Individuals in Last 5 Days... Stock Price 378,500 KRW (+3.13%)
Kakao is trading at 378,500 KRW as of 2:30 PM on the 21st, up 3.13% from the previous day. The trading volume is 644,349 shares, which is 151.83% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.
On December 21, Jaeho Choi, a researcher at DS Investment & Securities, stated, "The value has been upgraded due to growth in major business sectors such as TalkBoard advertising and commerce, as well as high growth in Piccoma and Page, along with profitability expansion in new business sectors like Bank, Pay, and Mobility. Explosive external growth is appearing across all company divisions, and the profit leverage effect is fully emerging as deficit subsidiaries turn profitable. The steep sales increase is outpacing cost growth, significantly improving operating profit and operating profit margin." He set Kakao's target price at 490,000 KRW.
Over the past five days, individual investors have net purchased 193,637 shares of Kakao, while foreigners and institutions have net sold 145,200 shares and 68,963 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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