Kakao, Foreign Investors Net Buy 622,743 Shares in Last 5 Days... Stock Price 442,500 KRW (+1.96%)

Kakao is trading at 442,500 KRW as of 12:30 PM on the 11th, up 1.96% from the previous day. The trading volume is 2,257,439 shares, which is 92.46% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On January 6th, researcher Odonghwan Oh from Samsung Securities stated, "Commerce, expansion of delivery product gifts and Talk Store. Paid content expanding from Japan to the US and China. Diversification of Pay's full-scale services. Mobility platform moving towards autonomous driving. In 2021, revenue growth rate is expected to strengthen compared to 2020 due to the expansion of revenue models in major business units, and operating profit is expected to increase by 76% due to operating leverage. Kakao's stock price is also expected to continue its growth trend due to strengthened revenue and operating profit growth and the rising corporate value of major subsidiaries." He set Kakao's target price at 510,000 KRW.

Over the past five days, individual investors have net sold 594,279 shares of Kakao, while foreigners and institutions have net bought 622,743 shares and net sold 65,363 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.