As of 12:31 PM on the 23rd, Coway is trading at 66,900 KRW, down 0.59% from the previous day. The trading volume is 131,771 shares, which is about 47.05% 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, Samsung Securities researcher Jo Sang-hoon stated, "The key factors going forward are 1) the sustainability of strong performance in overseas business and 2) the success of self-management products that align with post-COVID-19 trends. We believe the overseas business can maintain high growth potential because 1) the number of new accounts in Malaysia is rapidly increasing, 2) category expansion beyond water purifiers is occurring with products like air purifiers and mattresses, and 3) sales in the U.S. continue to perform well, mainly through online sales channels. The new water purifier product launched last October is positive." He set Coway's target price at 90,000 KRW.


Over the past five days, individual investors have net purchased 560,954 shares of Coway, while foreigners and institutions have net sold 401,469 shares and 163,656 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.

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