HMM, 3,361,836 Shares Sold Net by Individuals in Last 5 Days... Stock Price 8,880 KRW (+0.68%)

As of 2:30 PM on the 27th, HMM is trading at 8,880 KRW, up 0.68% from the previous day. The trading volume is 9,972,331 shares, which is about 43.42% of the previous day's volume. HMM is known as a shipping business operator.

On October 22, Minjin Bang, a researcher at Eugene Investment & Securities, forecasted that "container sales are expected to surge by 49.8% year-on-year. The average SCFI (Shanghai Containerized Freight Index) for the third quarter was 1,191, which is 53.2% higher than the same period last year. We believe the operating leverage effect will be significant. The cost of goods sold ratio is expected to have fallen below 80%, influenced also by additional sales from the cost-efficient 24,000 TEU vessels." Accordingly, the target price for HMM was set at 10,000 KRW.

Over the past five days, individual investors have net sold 3,361,836 shares of HMM, while foreigners and institutions have net bought 1,631,051 shares and 2,422,503 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.