HMM, Stock Price 0.0% at This Hour... 8.96 Million Shares Sold Net by Individuals in Last 5 Days

As of 12:30 PM on the 26th, HMM is trading at 18,400 KRW, the same price as the previous day. The trading volume is 12,821,346 shares, which is about 84.9% of the previous day's volume. HMM is known as a company engaged in the shipping business.

On February 26, analyst Hanjun Lee of KTB Investment & Securities stated, "Freight rates are showing a renewed upward trend with no signs of weakening. Instead of waiting due to concerns about a freight rate peak-out, the 2021 performance strength needs to be quickly reflected in the stock price. The first quarter 2021 earnings (operating profit of 0.9 trillion KRW) are expected to be excellent, and considering the valuations of global shipping companies, it is still undervalued. The strong consumption of goods in the U.S. continues, and inventory levels have yet to recover, so container demand based on the restocking cycle is expected to remain strong for the time being." He set HMM's target price at 24,000 KRW.

Over the past five days, individual investors have net sold 8,961,289 shares of HMM, while foreigners and institutions have net bought 7,008,928 shares and 2,024,379 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an article automation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

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