Kolon Industries, Current Stock Price -1.68%... Institutional Investors Net Buy 159,507 Shares in Last 5 Days
As of 11:30 AM on the 5th, Kolon Industries is trading at 52,600 KRW, down 1.68% from the previous day. The trading volume is 485,980 shares, which is about 36.27% 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, analyst Dongwook Lee of 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 130,223 shares of Kolon Industries, while foreigners and institutions have net sold 30,355 shares and net bought 159,507 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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