Kakao, Stock Price Down 2.04% at This Hour... 1,039,135 Shares Net Bought by Individuals in Last 5 Days

As of 1:30 PM on the 15th, Kakao is trading at 336,000 KRW, down 2.04% from the previous day. The trading volume is 1,216,153 shares, which is 101.49% of the previous day's volume. Kakao is known as the largest mobile communication platform company in South Korea.

On July 10, Samsung Securities researcher Odonghwan Oh stated, "Kakao's revenue is growing rapidly at around 30%, similar to global platforms, and operating profit margin is also rising quickly due to profitability improvements across all business divisions, so applying PSR valuation is reasonable. Since COVID-19, Kakao has expanded its influence as a non-face-to-face platform, showing simultaneous improvements in scale and profitability, necessitating a re-evaluation of Kakao's valuation. From the second half of the year, subsidiaries such as Games, Page, Commerce, and Bank are scheduled to be listed consecutively." He set Kakao's target price at 420,000 KRW.

Over the past five days, individual investors have net purchased 1,039,135 shares of Kakao, while foreign investors and institutions have net sold 375,195 shares and 584,379 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.