Kakao, 1,113,03 Shares Sold Net by Individuals in Last 5 Days... Stock Price 508,000 Won (-1.17%)

Kakao is trading at 508,000 KRW as of 2:30 PM on the 17th, down 1.17% from the previous day. The trading volume is 451,753 shares, which is about 42.21% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On February 10, Jaemin Ahn, a researcher at NH Investment & Securities, stated, "With the advertising business centered on Kakao Bizboard and the commerce business of Gift and Talk Store leading growth, the high growth of webtoons, mobility, and payment businesses is also expected to drive overall revenue and operating profit growth. Revenue is projected at 5.41 trillion KRW (+30.0% y-y) and operating profit at 800.8 billion KRW (+75.6% y-y) in 2021. The cash cow Talk Biz, significant revenue growth in webtoons in Korea and Japan, and profitability improvements in mobility and payment businesses will show meaningful growth." He set Kakao's target price at 600,000 KRW.

Over the past five days, individual investors have net sold 1,110,303 shares of Kakao, while foreigners and institutions have net bought 1,092,182 shares and 32,964 shares, respectively.

※ 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.

This content was produced with the assistance of AI translation services.