SK Innovation, Stock Price -2.31% at This Time... 362,749 Shares Net Bought by Individuals in the Last 5 Days
As of 11:30 AM on the 28th, SK Innovation is trading at 274,500 KRW, down 2.31% from the previous day. The trading volume is 658,953 shares, which is about 45.88% of the previous day's volume. SK Innovation is known as a mid-tier holding company within the SK Group.
On January 25, Han Seungjae, a researcher at DB Financial Investment, stated, "Unless there is a sharp rebound in demand exceeding expectations, it is likely that the market improvement in 2021 will not be significant. Despite the sluggish market conditions, SK Innovation's stock price has risen 59% since December 2020 due to mid- to long-term growth expectations in batteries and separators. By the end of 2022, the production capacity of medium- and large-sized batteries (60GW) compared to its peer LG Chem highlights undervaluation from the perspective of 'market capitalization per GW.' However, based on earnings forecasts, SKI battery's 2022 EBITDA is expected to be 356.5 billion KRW, which, when applying an EV/EBITDA multiple of 38 times, corresponds to a valuation of about 13.5 trillion KRW." He set the target price for SK Innovation at 250,000 KRW.
Over the past five days, individual investors have net purchased 362,749 shares of SK Innovation, while foreign investors and institutions have net sold 196,224 shares and 204,973 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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