Kia Motors, Stock Price Down 2.67% at This Hour... 1,827,560 Shares Sold Net by Foreigners in Last 5 Days
Kia Motors is trading at 76,600 KRW as of 10:30 AM on the 5th, down 2.67% from the previous day. The trading volume is 957,684 shares, which is about 30.05% of the previous day's volume. Kia Motors is known as one of the world's top 10 automobile manufacturers.
On March 2nd, Yoo Ji-woong, a researcher at Ebest Investment & Securities, stated, "The company has shown profitability improvements faster than Hyundai Motors, and it is expected to maintain its high profitability in 2021 as well. It is continuously setting quarterly record-high profits, so ongoing profit momentum is anticipated. In particular, there is also optimism regarding the expansion of PBV business customers, which is expected to lead to continuous valuation re-rating." He set Kia Motors' target price at 105,000 KRW.
Over the past five days, individual investors have net purchased 1,386,594 shares of Kia Motors, while foreigners and institutions have net sold 1,827,560 shares and net purchased 453,289 shares, respectively.
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※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.
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