Kolon Industries, Institutional Investors Net Buy 190,779 Shares in Last 5 Days... Stock Price at 51,900 KRW (+5.7%)
Kolon Industries is trading at 51,900 KRW as of 12:30 PM on the 3rd, up 5.7% from the previous day. The trading volume is 1,978,807 shares, which is about 32.54% of the previous day's volume. Kolon Industries is known as a diversified company engaged in industries such as industrial materials, films, chemicals, and fashion.
On February 2nd, Lee Dong-wook, a researcher at Kiwoom Securities, stated, "With the expansion of the Vietnam plant, economies of scale and cost improvements are strengthened. The company increased its para-aramid production capacity from 5,000 tons last year to 7,500 tons. Additionally, the company is expected to improve EBITDA this year, enhance financial stability through asset sales last year, and is considering further large-scale expansions due to increased demand for 5G optical cables and electric vehicle aramids." He set Kolon Industries' target price at 87,000 KRW.
Over the past five days, individual investors have net sold 19,488 shares of Kolon Industries, while foreign investors and institutions have net sold 175,069 shares and net bought 190,779 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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