Samsung C&T, Institutional Investors Net Buy 649,292 Shares in Last 5 Days... Stock Price 123,500 KRW (-2.37%)

As of 11:31 AM on the 14th, Samsung C&T is trading at 123,500 KRW, down 2.37% from the previous day. The trading volume is 1,031,230 shares, which is about 32.38% of the previous day's volume. Samsung C&T is known as a company engaged in fashion, construction, leisure, catering, and food distribution businesses.

On August 12, Ki-ryong Kim, a researcher at Yuanta Securities, stated, "The characteristics of Samsung C&T's performance are 1) steady profit realization in the construction sector, 2) sharp profit growth of Samsung Biologics, which successfully turned profitable in Q3 2019, and 3) losses in the fashion and leisure sectors in the first half of 2020 due to COVID-19. Going forward, the company's earnings are expected to continue growing centered on construction and bio sectors, with operating profit in 2021 estimated to increase by 28% year-on-year to 1.16 trillion KRW, driven by a turnaround to profitability in the fashion and leisure sectors, which had been operating at a loss due to COVID-19." He set the target price for Samsung C&T at 180,000 KRW.

Over the past five days, individual investors have net sold 524,282 shares of Samsung C&T, while foreigners and institutions have net sold 81,341 shares and net bought 649,292 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.