As of 10:30 AM on the 5th, Cheonbo is trading at 170,500 KRW, up 0.12% from the previous day. The trading volume is 114,355 shares, which is 31.59% of the previous day's volume.
On September 29, Kim Junhwan, a researcher at Hanwha Investment & Securities, stated, "Cheonbo is emerging as a secondary battery material company. The company announced in July that it plans to expand its electrolyte capacity from the current 1,560 tons to 12,000 tons by the end of 2022. The effect of increased sales of highly profitable secondary battery materials is expected to appear in earnest from next year, and the profit growth is also expected to be significant. The performance increase effect from the new electrolyte expansion is expected to continue in the mid to long term." He set Cheonbo's target price at 200,000 KRW.
Over the past five days, individual investors have net purchased 228,029 shares of Cheonbo, while foreigners and institutions have net sold 22,809 shares and 204,429 shares, respectively.
※Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automatic article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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