Samsung SDI, 'Keep Calm and Carry ‘BATTERY’ On' Stock Price 371,500 KRW (-4.25%)

As of 12:30 PM on the 27th, Samsung SDI is trading at 371,500 KRW, down 4.25% from the previous day. The trading volume is 1,154,337 shares, which is 80.06% of the previous day's volume. Samsung SDI is known as a total solutions company in materials and energy.

On May 25, Jeonghoon Jang, a researcher at Samsung Securities, stated, "Battery industry conditions confirmed from April's European electric vehicle sales. The second quarter highlights Europe's eco-friendly policies and Tesla's Battery Day event period. During the short-selling ban starting mid-March, the stock price is expected to have moved more according to momentum than proper valuation assessment. If the growth trend of the electric vehicle market remains intact and EV battery demand stays strong, even if profit-taking selling occurs due to a short-term stock price surge, it is likely to be seen as a buying opportunity rather than a disruption of the trend." He set the target price for Samsung SDI at 400,000 KRW.

Over the past five days, individual investors have net sold 238,012 shares of Samsung SDI, while foreigners and institutions have net bought 99,441 shares and 118,446 shares, respectively.

※Source: AI Investment Assistant AI Rassiro

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