DB HiTek, 1.87121 Million Shares Sold Net by Individuals in Last 5 Days... Stock Price at 49,750 KRW (+7.57%)
As of 11:30 AM on the 29th, DB HiTek is trading at 49,750 KRW, up 7.57% from the previous day. The trading volume is 3,907,095 shares, which is about 41.05% of the previous day's volume. DB HiTek is known as a system semiconductor manufacturing company affiliated with the Dongbu Group.
On December 29, Choi Do-yeon, a researcher at Shinhan Financial Investment, stated, "Recently, price increases have begun in the 8-inch foundry industry. It is judged that this is the optimal time for the company to propose a price increase. From 1Q21, when new IT set products are launched in earnest, the company's price increase is expected to accelerate. Investment points are 1) ASP increase momentum due to 8-inch foundry supply shortage, 2) attractive valuation (21F PER 9.3x), and 3) improved financial soundness compared to the past (21F debt ratio 45.5%)," and set DB HiTek's target price at 60,000 KRW.
Over the past five days, individual investors have net sold 1,871,210 shares of DB HiTek, while foreigners and institutions have net bought 474,702 shares and 1,426,160 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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