SK Hynix, 1,808,753 Shares Net Bought by Individuals in Last 5 Days... Stock Price at 132,500 Won (-1.85%)
As of 12:30 PM on the 24th, SK Hynix is trading at 132,500 KRW, down 1.85% from the previous day. The trading volume is 2,412,951 shares, which is about 63.17% of the previous day's volume. SK Hynix is known as a global memory semiconductor manufacturing company.
On March 23, researchers Lee Soon-hak and Lee Yong-wook from Hanwha Investment & Securities stated, "We expect a mid- to long-term expansion and restructuring of the foundry business. The DRAM market has shifted to a supplier's advantage, and price increases are expected to exceed market expectations. In the short term, stock prices are expected to rise flexibly with improvements in the memory market. In the mid- to long-term, considering the importance of the foundry industry, the company is also expected to gradually increase investments. To maintain a stable valuation applying a PBR of more than 2 times, it is necessary to quickly secure 12-inch foundry technology." They set SK Hynix's target price at 180,000 KRW.
Over the past five days, individual investors have net purchased 1,808,753 shares of SK Hynix, while foreigners and institutions have net sold 288,902 shares and 1,520,234 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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