Coway, 187,072 Shares Net Bought by Individuals in Last 5 Days... Stock Price at 68,100 KRW (-2.44%)

Coway is trading at 68,100 KRW as of 12:31 PM on the 19th, down 2.44% from the previous day. The trading volume is 322,783 shares, which is 112.04% of the previous day's volume. Coway is known as a specialized company in environmental home appliances such as water purifiers, air purifiers, and bidets.

On February 18, analyst Na-yeon Lee of Daishin Securities stated, "The company provided 2021 guidance with sales growth of yoy +8.1% and operating profit growth of yoy +0.6%. The reason the operating profit growth lags behind sales growth is due to 1. increased fixed costs from converting service managers to full-time employees, 2. expanded marketing expenses, and 3. increased IT investment costs. On the 16th, the company announced the acquisition of iobed for 43 billion KRW to revitalize its mattress business. Currently, mattresses are produced as OEM products, and through acquisition and internalization of mattress production, there is potential for improvement in operating profit margin," setting Coway's target price at 94,000 KRW.

Over the past five days, individual investors have net purchased 187,072 shares of Coway, while foreigners and institutions have net sold 4,853 shares and 184,908 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.