Kakao, 472,829 Shares Net Sold by Individuals in Last 5 Days... Stock Price 374,500 KRW (-0.79%)

Kakao is trading at 374,500 KRW as of 9:30 AM on the 24th, down 0.79% from the previous day. The trading volume is 121,730 shares, which is about 19.44% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On December 22, Hyundai Motor Securities researcher Kim Hyun-yong stated, "In 2021, strengthening new consumer utility businesses such as finance, mobility, and subscription economy. The buy rating is based on 1) the expected concentrated benefits from accelerated integration into a single platform covering finance (pay/banking/securities/card), commerce, mobility, and subscription economy, and 2) the sharp increase in consolidated operating profit expected from margin leverage generated by subsidiaries such as Pay, Mobility, and Japan, which have just surpassed BEP." He set Kakao's target price at 425,000 KRW.

Over the past five days, individual investors have net sold 472,829 shares of Kakao, while foreigners and institutions have net bought 163,491 shares and 335,024 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.