Kia Motors, Stock Price +1.13% at This Hour... 3,200,406 Shares Sold Net by Individuals in Last 5 Days

Kia Motors is trading at 53,500 KRW as of 2:31 PM on the 28th, up 1.13% from the previous day. The trading volume is 2,917,250 shares, which is 31.76% of the previous day's volume. Kia Motors is known as one of the top 10 global automobile manufacturers.

On October 27, Kim Pyeongmo, a researcher at DB Financial Investment, stated, "ASP increases are expected to continue in 4Q20, and demand recovery in emerging markets such as India and Russia is expected to lead to a rebound in volume compared to the previous year. Due to the effects of volume growth and ASP improvement, the company's 4Q20 performance is expected to exceed consensus (KRW 733.9 billion) with sales of KRW 17.6529 trillion (+10% YoY) and operating profit of KRW 1.1858 trillion (+101% YoY). Considering the higher mix/ASP improvement effect compared to previous assumptions, the operating profit estimate for 2021 has been raised by 35%." He set Kia Motors' target price at 70,000 KRW.

Over the past five days, individual investors have net sold 3,200,406 shares of Kia Motors, while foreigners and institutions have net bought 499,526 shares and 2,728,124 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.