Hyundai Steel, Stock Price +2.13% at This Time... Institutional Investors Net Buy 136,946 Shares in Last 5 Days

As of 12:31 PM on the 2nd, Hyundai Steel is trading at 40,800 KRW, up 2.13% from the previous day. The trading volume is 809,558 shares, which is 81.04% of the previous day's volume. Hyundai Steel is known as an integrated steel mill producing long products and plates.

On February 24, analyst Jonghyung Lee of Kiwoom Securities announced a target price of 55,000 KRW for Hyundai Steel, stating, "Investing up to 250 billion KRW to expand production of metal separators for hydrogen vehicles and by-product hydrogen. Signed a Memorandum of Understanding (MOU) for the development of the hydrogen distribution industry for hydrogen vehicles with domestic hydrogen-related companies such as Hyundai Motor Company, Korea Gas Corporation, HyNet, Hyundai Glovis, and SPG. Plans to expand hydrogen production and distribution facilities, introduce hydrogen vehicles at major business sites, expand the application of transport vehicles, and promote the establishment of eco-friendly fuel cell power generation systems using hydrogen. Foster the hydrogen business in connection with the group’s expansion of hydrogen vehicle production."

Over the past five days, individual investors have net sold 88,751 shares of Hyundai Steel, while foreigners and institutions have net sold 61,159 shares and net bought 136,946 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 the financial AI specialist company Thinkpool.

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