Hyundai Motor, 745,320 Shares Sold Net by Individuals in Last 5 Days... Stock Price at 181,000 Won (-1.63%)

As of 2:30 PM on the 18th, Hyundai Motor Company is trading at 181,000 KRW, down 1.63% from the previous day. The trading volume is 2,105,648 shares, which is about 48.35% of the previous day's volume. Hyundai Motor is known as the number one automobile manufacturer in South Korea.

On September 17, Jang Moon-su and Jo Jun-woo, researchers at Hyundai Motor Securities, stated, "We are building a value chain that allows for new business expansion in response to energy transition and changes in the automotive paradigm. In the energy transition phase, the ecosystem expansion using FCEV and BEV is expected to reflect new business value. Despite the worsening business environment due to COVID-19, the 2Q20 profits exceeded expectations, and profit improvement from volume recovery and mix improvement in 2H20 is expected to become more evident. Excluding the value of new businesses, there is high potential for stock price increase based solely on profit improvement in existing businesses." They set Hyundai Motor's target price at 250,000 KRW.

Over the past five days, individual investors have net sold 745,320 shares of Hyundai Motor, while foreigners and institutions have net bought 190,400 shares and 536,948 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.