SK Hynix, Foreign Investors Net Buy 2,161,790 Shares in Last 5 Days... Stock Price 140,000 KRW (-0.36%)
As of 11:30 AM on the 17th, SK Hynix is trading at 140,000 KRW, down 0.36% from the previous day. The trading volume is 1,352,531 shares, which is about 41.23% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.
On March 15, analyst Lee Soon-hak of Hanwha Investment & Securities stated, "Since February, DRAM prices have been rising significantly, and the increase in the second quarter is expected to be greater than in the first quarter. Demand for PCs and servers is strong, and mobile demand is rebounding due to the base effect caused by COVID-19. NAND prices are also expected to rebound in the second quarter, which is presumed to reflect the deteriorating performance of NAND suppliers and the reduction in NAND supply due to the suspension of Samsung Electronics' Texas plant operations. We expect the NAND business to turn profitable in the second half of the year." He set SK Hynix's target price at 180,000 KRW.
Over the past five days, individual investors have net sold 799,138 shares of SK Hynix, while foreigners and institutions have net bought 2,160,179 shares and net sold 1,402,240 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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