Hyosung Advanced Materials, Foreign Investors Net Sell 13,486 Shares in Last 5 Days... Stock Price 299,500 KRW (+6.58%)

Hyosung Advanced Materials is trading at 299,500 KRW as of 12:31 PM on the 3rd, up 6.58% from the previous day. The trading volume is 350,729 shares, which is 93.62% of the previous day's volume. Hyosung Advanced Materials is known as a chemical fiber manufacturer.

On February 1st, analyst Lee Anna from Ebest Investment & Securities stated, "In 2021, the company is expected to perform well in PET T/C due to increased demand in the global automobile market. Additionally, profit margin improvement is anticipated from the restructuring effect of the steel cord division, which relocated from Korea to Vietnam due to low-priced Chinese supply. The growth driver, carbon fiber, is expected to be applied to Hyundai Motor's Nexo starting in the second half of 2021. Since it is applied to most product lines in the hydrogen economy, expansion potential is also expected. Aramid is also expected to see growth in both scale and profits." She set the target price for Hyosung Advanced Materials at 375,000 KRW.

Over the past five days, individual investors have net purchased 6,466 shares of Hyosung Advanced Materials, while foreigners and institutions have net sold 13,486 shares and net purchased 1,822 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

This content was produced with the assistance of AI translation services.