Hyundai Rotem, Stock Price +0.24% at This Time... 275,177 Shares Net Bought by Individuals in the Last 5 Days
As of 11:31 AM on the 22nd, Hyundai Rotem is trading at 20,700 KRW, up 0.24% from the previous day. The trading volume is 523,865 shares, which is about 13.6% of the previous day's volume. Hyundai Rotem is known as a manufacturer of railway vehicles and a plant construction company for steel mills and other facilities.
On March 17, KB Securities researcher Jeong Dong-ik stated, "Improvement in the performance of the core railway division is expected. This year, sales growth, exchange rate increases, and a higher proportion of sales in the relatively profitable system and O&M sectors are expected to improve the operating profit to 30.9 billion KRW. As of the end of last year, the order backlog in the railway division exceeds 7 trillion KRW. The stock price has risen more than 20% this year, significantly outperforming the KOSPI return of about 6%. This is believed to be driven by expectations for hydrogen-related businesses, such as the hydrogen reformer project being promoted as a new business," and set Hyundai Rotem's target price at 16,800 KRW.
Over the past five days, individual investors have net purchased 275,177 shares of Hyundai Rotem, while foreigners and institutions have net sold 113,078 shares and 194,880 shares, respectively.
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※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.
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