As of 10:31 AM on the 25th, Hyosung Advanced Materials is trading at 391,000 KRW, up 2.89% from the previous day. The trading volume is 148,406 shares, which is 72.85% of the previous day's volume. Hyosung Advanced Materials is known as a chemical fiber manufacturer.


On March 24, analyst Lee Anna from Ebest Investment & Securities stated, "1) Increased operating rate and price of tire reinforcement materials, cost reduction effect due to relocation of steel cord to Vietnam, 2) Increased profit margin of Vietnam spandex due to spandex boom, 3) Strong profitability expected for aramid and carbon fiber. The company is experiencing growth in both its core business and growth sectors such as aramid and carbon fiber. Nevertheless, based on 2022 data, the PER is around 8.7 times, indicating it is still undervalued." She set the target price of Hyosung Advanced Materials at 553,000 KRW.


Over the past five days, individual investors have net sold 4,462 shares of Hyosung Advanced Materials, while foreigners and institutions have net sold 1,882 shares and net bought 3,216 shares, respectively.



※ 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.


This content was produced with the assistance of AI translation services.

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