SK Innovation, Stock Price Down -6.97% at This Time... 640,896 Shares Net Bought by Individuals in the Last 5 Days

As of 2:30 PM on the 12th, SK Innovation is trading at 273,500 KRW, down 6.97% from the previous day. The trading volume is 1,965,915 shares, which is 47.63% of the previous day's volume. SK Innovation is known as a mid-tier holding company within the SK Group.

On January 7th, analyst Cho Hyun-ryeol of Samsung Securities stated, "The company's stock price surged 35% over the past three days, driven by the full-scale reflection of battery value. The battery business value embedded in the company's stock price is currently estimated at 6 trillion KRW. Considering it is expected to grow to 30% of LG Chem's scale in 2022, it is still judged to be undervalued. Taking into account three positive factors expected this year (elimination of litigation risk, listing of the battery materials subsidiary, and significant improvement in battery profitability), the target price has been raised. Maintaining a Top-pick rating within the sector." He set SK Innovation's target price at 320,000 KRW.

Over the past five days, individual investors have net purchased 640,896 shares of SK Innovation, while foreign investors and institutions have net sold 344,451 shares and 328,471 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.