Hyundai Motor, Foreign Investors Net Buy 961,312 Shares in Last 5 Days... Stock Price 208,000 KRW (-0.72%)
As of 9:30 AM on the 6th, Hyundai Motor Company is trading at 208,000 KRW, down 0.72% from the previous day. The trading volume is 441,838 shares, which is about 14.74% of the previous day's volume. Hyundai Motor Company is known as the number one automobile manufacturer in South Korea.
On January 4th, Yoo Ji-woong, a researcher at Ebest Investment & Securities, stated, "From the second half of 2021, the commercialization of electric vehicle technology by competitors is expected to accelerate, leading to earlier-than-expected intensification of competition. In the second half of 2021, price parity with internal combustion engine vehicles without subsidies will be required. Aggressive electric vehicle launch strategies, mainly by German and American companies, will materialize, inevitably widening the fundamental gap between companies depending on whether they internalize the technology or not. The expansion of the RV segment and entry into the luxury segment will play a limited role." He set Hyundai Motor Company's target price at 230,000 KRW.
Over the past five days, individual investors have net sold 871,137 shares of Hyundai Motor Company, while foreigners and institutions have net bought 961,312 shares and net sold 194,366 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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