NAVER, Foreign Investors Net Buy 557,733 Shares in Last 5 Days... Stock Price 303,000 KRW (-1.94%)
As of 9:30 AM on the 12th, NAVER is trading at 303,000 KRW, down 1.94% from the previous day. The trading volume is 216,458 shares, which is about 7.87% of the previous day's volume. NAVER is known as the operator of Naver, the number one internet portal.
On January 8th, Hyundai Motor Securities researcher Kim Hyun-yong stated, "The main reasons to buy are: 1) entering an earnings growth cycle from equity-method profits derived from a 32.65% stake in a huge internet business worth three times NAVER's consolidated sales; 2) maintaining high sales growth of over 20% as the number one DNA rapidly spreads from shopping to finance and content; 3) the launch of the merged Line & Yahoo corporation in March: an internet company with annual sales of 1.4 trillion yen and 140 million monthly active users in Japan. On the cost side, immediate merger synergies are expected, and the growth potential of the Japanese commerce/O2O/fintech market is increasing," and set NAVER's target price at 420,000 KRW.
Over the past five days, individual investors have net sold 153,445 shares of NAVER, while foreigners and institutions have net bought 557,733 shares and net sold 448,694 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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