Samsung SDI, Stock Price +1.44% at This Hour... Institutional Investors Net Buy 189,156 Shares in Last 5 Days

As of 1:33 PM on the 6th, Samsung SDI is trading at 386,500 KRW, up 1.44% from the previous day. The trading volume is 362,780 shares, which is 67.62% of the previous day's volume. Samsung SDI is known as a total solution company in materials and energy.

On July 2, Kangho Park, a researcher at Daishin Securities, stated, "1) Due to the impact of COVID-19, demand for electric vehicles in the European automotive market has increased, driven by infrastructure investments and subsidy policies focused on eco-friendly vehicles by various governments. 2) As the global economy recovers, profitability of cylindrical batteries is also expected to improve. 3) Based on a stable profit structure in electronic materials, sales growth in medium and large batteries (EV+ESS) and cylindrical batteries is expected to result in an operating profit (consolidated) of 917.8 billion KRW in 2021, a 72.8% (yoy) increase. The profit growth in Q3 2020 is expected to justify the high valuation," and set Samsung SDI's target price at 420,000 KRW.

Over the past five days, individual investors have net sold 98,949 shares of Samsung SDI, while foreigners and institutions have net sold 106,337 shares and net bought 189,156 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.