HMM, 5-Day Net Selling of 2,358,228 Shares by Individuals... Stock Price at 15,100 KRW (-1.63%)

As of 10:30 AM on the 16th, HMM is trading at 15,100 KRW, down 1.63% from the previous day. The trading volume is 2,965,909 shares, which is about 20.8% of the previous day's volume. HMM is known as a shipping business operator.

On February 10, analyst Hanjun Lee from KTB Investment & Securities stated, "There may be concerns about a peak-out in freight rates, but the sustainability is stronger than expected, and with raised expectations for earnings strength, a level-up in stock price is necessary. We estimate the 1Q21E operating profit at 634.8 billion KRW (turning positive YoY), and the 2021E operating profit at 1.5478 trillion KRW. Applying an EV/EBITDA multiple of 6.5x, the fair stock price can be calculated at 20,000 KRW. There is a high possibility of upward revision of the target price along with future earnings forecasts." He set HMM's target price at 20,000 KRW.

Over the past five days, individual investors have net sold 2,358,228 shares of HMM, while foreigners and institutions have net bought 2,183,906 shares and 282,136 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.