Samsung Engineering, Stock Price +0.71% at This Time... Foreigners Net Buy 501,055 Shares in Last 5 Days

As of 11:30 AM on the 12th, Samsung Engineering is trading at 14,100 KRW, up 0.71% from the previous day. The trading volume is 1,275,776 shares, which is about 19.54% of the previous day's volume. Samsung Engineering is known as a company specializing in chemical and non-chemical plant engineering.

On January 8, Sung Jeonghwan, a researcher at Hyundai Motor Securities, stated, "Although recent stock prices generally follow the trend of oil prices, 1) a significant increase in orders from Samsung Electronics and other group companies as well as downstream sectors is expected in 2022, 2) the company has shifted to a net cash structure and is expected to pay dividends in 2020, albeit modestly, with a rapidly decreasing debt ratio and improving financial structure, indicating a strong accumulation of upward stock price momentum. However, due to the ongoing COVID-19 situation in 2021, there is a possibility that overseas order guidance for 2021 may decrease compared to 2020." He set the target price for Samsung Engineering at 19,000 KRW.

Over the past five days, individual investors have net sold 403,488 shares of Samsung Engineering, while foreigners and institutions have net bought 501,055 shares and net sold 90,889 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 financial AI specialist company Thinkpool.

This content was produced with the assistance of AI translation services.