LG Electronics, 832,109 Shares Sold Net by Individuals Over Last 5 Days... Stock Price at 114,000 KRW (-4.6%)

As of 11:30 AM on the 24th, LG Electronics is trading at 114,000 KRW, down 4.6% from the previous day. The trading volume is 9,486,434 shares, which is about 57.31% of the previous day's volume. LG Electronics is known as a global manufacturer of home appliances and information and communication devices.

On December 22, Kwon Seong-ryul, a researcher at DB Financial Investment, stated, "There probably won't be many IT stocks starting the first quarter as strongly as LG Electronics. The first quarter is already the peak season for home appliances, and the performance of new home appliances continues to grow. Even assuming that H&A and HE do not have the special factors seen in 2020, good profitability can be maintained, and the reduction in losses from VS and MC is expected to exceed 400 billion KRW. The highlights are the new home appliance boom in H&A, the expansion of OLED TV sales in HE, and VS is expected to return to profitability in Q4 2021 as low-price orders are largely resolved and sales increase significantly." He set LG Electronics' target price at 120,000 KRW.

Over the past five days, individual investors have net sold 832,109 shares of LG Electronics, while foreigners and institutions have net bought 125,379 shares and 784,705 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.