Hyundai Motor, Stock Price +2.75% at This Hour... 673,400 Shares Net Bought by Individuals in Last 5 Days

As of 2:30 PM on the 13th, Hyundai Motor Company is trading at 101,000 KRW, up 2.75% from the previous day. The trading volume is 1,199,284 shares, which is 109.93% of the previous day's volume. Hyundai Motor Company is known as the number one automobile manufacturer in South Korea.

On July 9, analysts Dongha Kim and Junho Park from Hanwha Investment & Securities stated, "Recently released new car models have received favorable reviews, and with the expected slowdown in the spread of Covid19, performance improvement is anticipated through increased market share and ASP in key markets. Positive changes in the medium- to long-term profitability outlook are expected with strong sales of Genesis and EVs in Europe (structural profitability increase due to a higher proportion of luxury cars, and potential achievement of economies of scale in EVs), which could lead to a revaluation of the valuation." They set Hyundai Motor Company's target price at 120,000 KRW.

Over the past five days, individual investors have net purchased 670,340 shares of Hyundai Motor Company, while foreign investors and institutions have net sold 442,647 shares and 276,991 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.