Daewoo Construction, 3,932,054 Shares Net Sold by Individuals in Last 5 Days... Stock Price 5,900 KRW (+1.9%)

As of 10:30 AM on the 6th, Daewoo E&C is trading at 5,900 KRW, up 1.9% from the previous day. The trading volume is 10,505,411 shares, which is 16.63% of the previous day's volume. Daewoo E&C is known as the 4th largest construction company in the 2018 construction capability evaluation.

On January 6, Sung Jeonghwan, a researcher at Hyundai Motor Securities, stated, "Although the stock price surged recently due to strong pre-sales and consecutive overseas orders, 1) the valuation is still cheap compared to the long-term average P/B ratio of 1, and 2) good pre-sale performance is expected in 2021, so earnings are expected to continue growing through 2022, maintaining it as a Top Pick in the sector. From 2021, additional earnings improvements may be possible depending on whether the Qatar LNG project is secured and whether normal pre-sales of self-developed projects proceed." He set the target price for Daewoo E&C at 7,500 KRW.

Over the past five days, individual investors have net sold 3,932,054 shares of Daewoo E&C, while foreigners and institutions have net bought 1,637,700 shares and 2,457,191 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.