HMM, 7,698,056 Shares Sold Net by Individuals in Last 5 Days... Stock Price 19,050 Won (+0.26%)

As of 9:30 AM on the 2nd, HMM is trading at 19,050 KRW, up 0.26% from the previous day. The trading volume is 3,113,347 shares, which is about 17.84% of the previous day's volume. HMM is known as a company engaged in the shipping business.

On February 26, analyst Hanjoon 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 earnings strength needs to be quickly reflected in the stock price. Strong 1Q21E earnings (operating profit of 0.9 trillion KRW) are expected, 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 the target price for HMM at 24,000 KRW.

Over the past five days, individual investors have net sold 7,698,056 shares of HMM, while foreigners and institutions have net bought 6,482,204 shares and 1,237,217 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 the financial AI specialist company Thinkpool.

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