SK Hynix, 1,571,201 Shares Net Bought by Individuals in Last 5 Days... Stock Price at 131,500 Won (+4.37%)

As of 11:30 AM on the 15th, SK Hynix is trading at 131,500 KRW, up 4.37% from the previous day. The trading volume is 3,175,240 shares, which is 75.2% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.

On February 15, Kiwoom Securities researcher Park Yu-ak revised upward the earnings forecast for SK Hynix's NAND division. Despite NAND demand from smartphone and laptop customers exceeding expectations, NAND supply remains lower than anticipated due to delays in process transitions. Accordingly, the turnaround point for the NAND industry is expected to be brought forward to 2Q21. SK Hynix's overall operating profit is forecasted to surge from 1.2 trillion KRW in 1Q21 to 2.0 trillion KRW in 2Q21, with the possibility of exceeding the company's projections in 2Q21. Park set SK Hynix's target price at 170,000 KRW.

Over the past five days, individual investors have net purchased 1,571,201 shares of SK Hynix, while foreigners and institutions have net sold 509,366 shares and 1,116,937 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.