HMM, 2,177,010 Shares Net Bought by Individuals in Last 5 Days... Stock Price 33,400 KRW (+13.41%)
As of 12:31 PM on the 26th, HMM is trading at 33,400 KRW, up 13.41% from the previous day. The trading volume is 40,153,952 shares, which is 315.39% of the previous day's volume. HMM is known as a shipping business operator.
On March 25, researchers Yang Ji-hwan and Lee Ji-soo from Daishin Securities stated, "Estimated EBITDA for 2021 is approximately 3.7 trillion KRW. A rapid improvement in financial structure is expected. It is judged that the possibility of converting perpetual bonds held by the Korea Development Bank and Korea Ocean Business Corporation into stocks is low. Concerns will disappear when the first perpetual bond redemption option is exercised in early March 2022. If there is no stock conversion of the hybrid capital securities, there is no valuation burden. Spot container freight rate adjustments are natural and not a cause for concern. The key factors for future container market conditions are 1) whether the proportion of online purchases by U.S. consumers continues to rise and 2) the increase in cargo volume due to the easing of the COVID-19 pandemic and economic recovery." They set HMM's target price at 38,000 KRW.
Over the past five days, individual investors have net purchased 2,177,010 shares of HMM, while foreigners and institutions have net sold 557,403 shares and 1,203,228 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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