Kakao, 444,022 Shares Net Bought by Individuals in Last 5 Days... Stock Price 490,000 Won (+1.14%)

Kakao is trading at 490,000 KRW as of 11:30 AM on the 26th, up 1.14% from the previous day. The trading volume is 939,781 shares, which is 183.07% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On February 25th, KB Securities researcher Lee Dong-ryun 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 including Kakao Enterprise, Entertainment, Pay, and Japan plan to increase personnel and marketing expenses. With the expansion of domestic and international business bases 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 444,022 shares of Kakao, while foreigners and institutions have net sold 334,069 shares and 105,480 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 financial AI specialist Thinkpool.

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