Kia Motors, Stock Price Down 1.14% at This Hour... Institutional Investors Net Sell 944,890 Shares in Last 5 Days
Kia Motors is trading at 69,400 KRW as of 9:30 AM on the 13th, down 1.14% from the previous day. The trading volume is 831,592 shares, which is about 14.45% of the previous day's volume. Kia Motors is known as one of the top 10 global automobile manufacturers.
On January 11, Jang Moon-su and Jo Jun-woo, researchers at Hyundai Motor Securities, stated, "In the rapidly changing competitive environment of 2021, Kia expressed its determination to leap forward as an electrification brand through a change in brand identity. With superior environment and quality competitiveness compared to competitors, new investments based on financial structure, and rationalization of group affiliates becoming visible, fundamentals are expected to improve along with a rise in stock price. The recovery of demand in major markets and the remarkable recovery of fundamentals, along with proactive responses to market changes centered on electrification, including strategic changes in brand identity, are positive." They set Kia Motors' target price at 82,000 KRW.
Over the past five days, individual investors have net purchased 938,897 shares of Kia Motors, while foreigners and institutions have net purchased 84,269 shares and net sold 944,890 shares, respectively.
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※ 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.
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