As of 2:30 PM on the 27th, POSCO International is trading at 13,700 KRW, down 1.79% from the previous day. The trading volume is 386,723 shares, which is 96.84% of the previous day's volume. POSCO International is known as a general trading company engaged in trade, manufacturing, and distribution businesses.
On October 23, Jongryul Park, a researcher at Hyundai Motor Securities, stated, "The third quarter recorded disappointing operating results below initial expectations. The main factor was the decrease in operating profit due to the regular maintenance of the Myanmar gas field. Operating profit is expected to reverse to an upward trend in the fourth quarter. This is due to the recovery in sales volume from the normal operation of the Myanmar gas field and the favorable performance of the steel sector. However, unfavorable business conditions such as prolonged COVID-19 and global economic uncertainties caused by the US-China trade war are expected to have a somewhat negative impact on the stock price." He set the target price for POSCO International at 18,000 KRW.
Over the past five days, individual investors have net sold 22,002 shares of POSCO International, while foreigners and institutions have net sold 166,463 shares and net bought 161,560 shares, respectively.
※ Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an article automation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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