Kakao, Stock Price +1.43% at This Time... 988,383 Shares Net Bought by Individuals in the Last 5 Days

Kakao is trading at 495,000 won as of 11:30 AM on the 2nd, up 1.43% from the previous day. The trading volume is 600,963 shares, which is about 37.7% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On February 25, KB Securities researcher Dongryun Lee 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, investment in new businesses is also expanding. Several subsidiaries including Kakao Enterprise, Entertainment, Pay, and Japan plan to increase personnel and marketing expenses. As domestic and international business bases expand and sound management continues, visibility for mid- to long-term profit growth is increasing." He set Kakao's target price at 540,000 won.

Over the past five days, individual investors have net purchased 988,383 shares of Kakao, while foreign investors and institutions have net sold 753,741 shares and 231,572 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

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

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