Hyundai Motor, Stock Price +0.77% at This Hour... Institutional Investors Net Sell 930,800 Shares in Last 5 Days
As of 9:30 AM on the 21st, Hyundai Motor Company is trading at 261,000 KRW, up 0.77% from the previous day. The trading volume is 558,034 shares, which is about 10.65% of the previous day's volume. Hyundai Motor Company is known as the number one automobile manufacturer in South Korea.
On January 19, analyst Lee Jae-il of Eugene Investment & Securities stated, "Global new car demand is expected to show significant improvement this year due to the base effect from 2020, and the burden of replenishing sales will also decrease due to the prior reflection of large-scale recall costs. Demand improvement in major advanced countries is expected to become more apparent. The business structure is accelerating its shift towards future vehicles. The company's hydrogen vehicle business has expanded its scope into a platform business based on hydrogen fuel cell technology, and aggressive new car launches will continue starting with the release of the Ioniq 5 electric vehicle." He set Hyundai Motor Company's target price at 325,000 KRW.
Over the past five days, individual investors have net purchased 637,330 shares of Hyundai Motor Company, while foreign investors and institutions have net purchased 247,971 shares and net sold 930,800 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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