Hyosung Advanced Materials, Stock Price Down 4.94% at This Hour... 48,153 Shares Net Sold by Individuals in Last 5 Days

As of 12:31 PM on the 29th, Hyosung Advanced Materials is trading at 394,500 KRW, down 4.94% from the previous day. The trading volume is 135,913 shares, which is 52.42% of the previous day's volume. Hyosung Advanced Materials is known as a chemical fiber manufacturer.

On March 24, analyst Ianna Lee from Ebest Investment & Securities stated, "1) Increased operating rate and price of tire reinforcement materials, cost reduction effects from relocating steel cord production to Vietnam, 2) Profit margin increase in Vietnam spandex due to the 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, which belong to other divisions. Nevertheless, based on 2022 data, the PER is around 8.7 times, indicating it is still undervalued." She set the target price for Hyosung Advanced Materials at 553,000 KRW.

Over the past five days, individual investors have net sold 48,153 shares of Hyosung Advanced Materials, while foreigners and institutions have net bought 33,531 shares and 7,784 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.

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