Kolon Industries, Institutional Investors Net Buy 213,943 Shares in Last 5 Days... Stock Price 54,800 KRW (+2.81%)
As of 11:30 AM on the 4th, Kolon Industries is trading at 54,800 KRW, up 2.81% from the previous day. The trading volume is 789,866 shares, which is 25.33% of the previous day's volume. Kolon Industries is known as a diversified business operator 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, expand 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 aramid." He set Kolon Industries' target price at 87,000 KRW.
Over the past five days, individual investors have net sold 161,038 shares of Kolon Industries, while foreigners and institutions have net sold 50,041 shares and net bought 213,943 shares, respectively.
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※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.
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