[Special Stock] Cosmax Rises for Two Consecutive Days, Stock Price Reaches 170,000 Won... New High
Cosmax recorded a 52-week intraday high, with its stock price rising to the 170,000 won level.
As of 9:54 AM on the 21st, Cosmax is trading at 172,600 won, up 7,900 won (4.8%) from the previous day. Since the beginning of this month, Cosmax has shown an upward trend on all days except for just three.
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The outlook for high growth is interpreted as the driving force behind the stock price increase. Ji-yoon Jeong, a researcher at NH Investment & Securities, said about Cosmax, "Thanks to high sales growth across all regions, this is a period where profit leverage stands out due to improved gross profit margins," adding, "As the largest original design manufacturer (ODM) in Korea, Cosmax is continuously achieving record-high order concentration, and the annual operating leverage effect is expected to continue."
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