SK Innovation, Stock Price +0.63% at This Time... Institutional Investors Net Buy 214,648 Shares in Last 5 Days

As of 9:30 AM on the 4th, SK Innovation is trading at 318,000 KRW, up 0.63% from the previous day. The trading volume is 344,368 shares, which is about 20.57% of the previous day's volume. SK Innovation is known as a mid-tier holding company within the SK Group.

On February 1st, Hyuntae Kim, a researcher at BNK Investment & Securities, stated, "Due to rapidly improving product prices and spreads starting from 4Q, there is a high possibility of performance improvement in 2021, and battery capacity expansion is progressing faster than expected, making future prospects positive. Accelerated battery capacity expansion and profitability improvement. Battery capacity is expected to reach 85 GWh in 2023, with an OPM of 2.8%, achieving annual profitability. The discount previously applied due to relatively small capacity and low profitability is expected to be resolved, expanding the potential for stock price increase." He set SK Innovation's target price at 390,000 KRW.

Over the past five days, individual investors have net sold 45,627 shares of SK Innovation, while foreigners and institutions have net sold 161,349 shares and net bought 214,648 shares, respectively.

※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.

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