Kakao, 476,597 Shares Net Bought by Individuals in Last 5 Days... Stock Price at 474,000 Won (+0.11%)

Kakao is trading at 474,000 KRW as of 11:30 AM on the 25th, up 0.11% from the previous day. The trading volume is 266,770 shares, which is about 41.72% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On February 25, Lee Dong-ryun, a researcher at KB Securities, stated, "In 2021, steady revenue growth is expected across all business divisions, with profit growth continuing to be driven by advertising and paid content. Along with the growth of core businesses, investments in new businesses are also expanding. Several subsidiaries such as Kakao Enterprise, Entertainment, Pay, and Japan plan to increase personnel and marketing expenses. With the expansion of domestic and international business foundations and continued sound management, the visibility of mid- to long-term profit growth is increasing." He set Kakao's target price at 540,000 KRW.

Over the past five days, individual investors have net purchased 476,597 shares of Kakao, while foreign investors and institutions have net sold 295,161 shares and 185,689 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.