NAVER Stock at This Hour -1.88%... Foreigners Net Buy 495,532 Shares in Last 5 Days

As of 11:30 AM on the 5th, NAVER is trading at 287,500 KRW, down 1.88% from the previous day. The trading volume is 438,628 shares, which is 46.67% of the previous day's volume. NAVER is known as the operator of Naver, the number one internet portal.

On January 5th, Changyoung Lee, a researcher at Yuanta Securities, stated, "In 2019, Naver Webtoon accounted for 65.1% of total traffic, which is three times more than the combined page views of KakaoPage and Daum Webtoon, but its 2019 revenue was only 63% of KakaoPage's. However, it has now grown into a global platform with an annual transaction amount of 800 billion KRW and 67 million monthly active users (MAU) worldwide. In the U.S., MAU exceeded 10 million, and transaction volume in Q3 2020 grew 86% YoY. Japan and Korea also saw 40% YoY growth in transaction volume, with traffic and revenue growing together." He set NAVER's target price at 380,000 KRW.

Over the past five days, individual investors have net sold 338,567 shares of NAVER, while foreigners and institutions have net bought 495,532 shares and net sold 156,219 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

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