SK Innovation, 953,836 Shares Net Bought by Individuals in Last 5 Days... Stock Price at 262,500 KRW (-6.58%)

As of 2:30 PM on the 14th, SK Innovation is trading at 262,500 KRW, down 6.58% from the previous day. The trading volume is 1,693,152 shares, which is 105.21% of the previous day's volume. SK Innovation is known as a mid-tier holding company within the SK Group.

On January 11, analyst Ianna Lee from Ebest Investment & Securities stated, "The factors that have relatively suppressed SK Innovation's stock price compared to other battery companies throughout 2020 were litigation, financial issues, and uncertainties in the refining sector. First, the lawsuit with LG Energy Solution is scheduled to have a result on February 10. However, even if SK Innovation loses, the Biden administration emphasizes an eco-friendly policy and job creation through it, making a veto highly likely. On the financial side, cash inflows exceeding 4 trillion KRW are expected through the SKIET listing, sale of lubricant business shares, E&P business securitization, and green bond issuance." He set SK Innovation's target price at 330,000 KRW.

Over the past five days, individual investors have net purchased 953,836 shares of SK Innovation, while foreign investors and institutions have net sold 337,194 shares and 627,653 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.