[Special Stock] Pharmaresearch Hits 52-Week High on Expectations of Export Country Expansion
Pharmaresearch's stock price is on the rise. It appears that buying momentum has surged due to securities firms' expectations that the number of export countries will continue to expand.
As of 2:19 PM on the 16th, Pharmaresearch is trading at 256,000 KRW, up 4.49% compared to the previous trading day. During the session, it even reached 267,000 KRW, setting a new 52-week high.
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Ji-eun Kim, a researcher at DB Financial Investment, stated, "We are focusing on the filler industry, which has an annual growth rate of 28.7%, surpassing the overall annual growth rate of the beauty medical industry. We expect Pharmaresearch, a leading company in this industry, to continue expanding its export countries by category." She added, "Starting from the second half of this year, sales of the US-bound topical skin booster are also beginning in earnest, so growth potential in markets outside Asia next year remains valid."
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