POSCO ICT, Stock Price Down 3.74% at This Hour... 462,584 Shares Net Bought by Individuals in Last 5 Days

As of 9:30 AM on the 29th, POSCO ICT is trading at 7,970 KRW, down 3.74% from the previous day. The trading volume is 1,386,076 shares, which is 59.76% of the previous day's volume. POSCO ICT is known as an IT services and engineering specialist company within the POSCO Group.

On January 28, SK Securities researcher Choi Gwansoon stated, "Earnings are expected to normalize in 2021. The resumption of IT investments by clients, which had been sluggish due to COVID-19, is anticipated, and growth centered on Smart Factory and Smart Logistics will begin in earnest. The smartization project of all processes to secure POSCO’s competitiveness will continue from this year through 2025. Sales, which were around 140 billion KRW in 2020, are expected to increase to approximately 400 billion KRW by 2025. POSCO ICT is expected to contribute through intelligent logistics connection support during POSCO’s logistics integration process." He set the target price for POSCO ICT at 9,600 KRW.

Over the past five days, individual investors have net purchased 462,584 shares of POSCO ICT, while foreigners and institutions have net sold 320,891 shares and 234,621 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automatic 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.