Hyundai Rotem, Stock Price +2.53% at This Hour... 1,156,200 Shares Net Sold by Individuals in the Last 5 Days

As of 11:31 AM on the 8th, Hyundai Rotem is trading at 22,250 KRW, up 2.53% from the previous day. The trading volume is 9,032,241 shares, which is 116.29% of the previous day's volume. Hyundai Rotem is known as a manufacturer of railway vehicles and a plant construction company for steel mills.

On January 5th, researchers Dongheon Lee and Taehwan Lee from Daishin Securities stated, "The 3Q20 order backlog is 9.0226 trillion KRW (+5% yoy), with major orders including Line 9 in 4Q (48 cars, 75.2 billion KRW), and the 3rd mass production of K2 tanks (533 billion KRW). The railway order backlog alone is 7.4 trillion KRW, securing more than five years’ worth of orders compared to last year’s railway sales of 1.3 trillion KRW. The defense order backlog stands at 1.6 trillion KRW (+11% yoy). Sales growth will accelerate from 2021. A hydrogen extractor production line has been launched at the Uiwang Research Center, capable of producing 20 units annually with a capacity of 4,700 tons. New businesses such as hydrogen trams (streetcars) and wearable robots are also anticipated." They set Hyundai Rotem’s target price at 20,000 KRW.

Over the past five days, individual investors have net sold 1,156,200 shares of Hyundai Rotem, while foreign investors and institutions have net bought 709,776 shares and 639,693 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated 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.