SK Hynix, 1,223,878 Shares Sold Net by Individuals in Last 5 Days... Stock Price at 129,000 Won (-2.64%)

As of 12:30 PM on the 17th, SK Hynix is trading at 129,000 KRW, down 2.64% from the previous day. The trading volume is 2,137,132 shares, which is 66.87% 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 upgraded 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 consolidated 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 forecast in 2Q21. Park set SK Hynix's target price at 170,000 KRW.

Over the past five days, individual investors have net sold 1,223,878 shares of SK Hynix, while foreigners and institutions have net bought 1,012,248 shares and 159,883 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.