Hyundai Motor, Stock Price -1.41% at This Hour... Institutional Investors Net Sell 295,386 Shares in Last 5 Days

As of 10:30 AM on the 5th, Hyundai Motor Company is trading at 245,000 KRW, down 1.41% from the previous day. The trading volume is 596,896 shares, which is about 31.48% of the previous day's volume. Hyundai Motor is known as the number one automobile manufacturer in South Korea.

On February 2nd, Kimu Gi-yeon, a researcher at Heungkuk Securities, stated, "Although the stock price rose rapidly at the beginning of the year, in 2021, 1) the launch of the Ioniq 5 equipped with E-GMP, 2) expansion of the Genesis lineup, and 3) strengthening of mobility investments are expected to lead to simultaneous improvements in performance and multiples. The launch of high-margin models in 2021 is expected to continue improving performance and profitability. Going forward, with the acquisition of mobility technology and business expansion, it is judged that multiple expansion beyond the value traditionally attributed to automobile manufacturers will be possible." He set Hyundai Motor's target price at 300,000 KRW.

Over the past five days, individual investors have net purchased 84,647 shares of Hyundai Motor, while foreigners and institutions have net purchased 232,378 shares and net sold 295,386 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.