Hyundai Motor, Stock Price -1.07% at This Hour... Institutional Investors Net Sell 264,850 Shares in Last 5 Days
As of 9:30 AM on the 17th, Hyundai Motor Company is trading at 231,500 KRW, down 1.07% from the previous day. The trading volume is 104,160 shares, which is 16.65% of the previous day's volume. Hyundai Motor is known as the number one automobile manufacturer in South Korea.
On March 12, analyst Hyunsoo Lee of Yuanta Securities stated, "Global automobile sales in 2021 are expected to increase by +9.4% compared to the previous year, and the company's sales are expected to increase by +11.3% (guidance +11.1%), indicating that market share expansion is likely to continue in 2021. For existing automakers, the EV market is a matter of survival rather than growth. The company is increasing its market share in this survival-critical market, and with the launch of the E-GMP-based Ioniq 5 in 2021, further market share expansion is anticipated." He set Hyundai Motor's target price at 300,000 KRW.
Over the past five days, individual investors have net purchased 189,871 shares of Hyundai Motor, while foreign investors and institutions have net purchased 92,917 shares and net sold 264,850 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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