Daehan Shipping, 1,563,466 Shares Net Sold by Individuals in Last 5 Days... Stock Price 3,570 KRW (-4.8%)

Daehan Shipping is trading at 3,570 KRW as of 2:30 PM on the 29th, down 4.8% from the previous day. The trading volume is 9,953,372 shares, which is about 34.55% of the previous day's volume. Daehan Shipping is known as a large shipping company focused on bulk carriers.

On March 25, researchers Yang Ji-hwan and Lee Ji-soo from Daishin Securities stated, "The benefits from the recovery of the dry bulk market are limited. Most dry bulk vessels are under long-term contracts, and the company is strategically expanding its Wet Bulk business division. In 2021, there are no newbuild deliveries scheduled, so external growth is expected to be difficult. From August 2022 to October 2023, four LNG carriers with a capacity of 170K CBM are scheduled for delivery with a time lag. The annual revenue increase effect is expected to be about 100 billion KRW. There is also a possibility of attention due to the IPO of SM Shipping, an affiliated container shipping company, in 2021, but since there is no direct equity relationship, the related benefits are also considered limited." They set the target price for Daehan Shipping at 4,000 KRW.

Over the past five days, individual investors have net sold 1,563,466 shares of Daehan Shipping, while foreigners and institutions have net bought 1,275,233 shares and 450,701 shares, respectively.

※ 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.

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