As of 2:30 PM on the 29th, Hyundai Mipo Dockyard is trading at 28,800 KRW, down 2.87% from the previous day. The trading volume is 139,580 shares, which is 104.76% of the previous day's volume. Hyundai Mipo Dockyard is known as a shipbuilding company.
On October 26, Park Muhyun, a researcher at Hana Financial Investment, stated, "The time is approaching when Chinese shipowners will increase orders at Korean shipyards in the not-too-distant future. Hyundai Mipo Dockyard secured 29 out of 46 MR tanker orders this year, including this recent order. As the order volume for its main vessels increases, Hyundai Mipo Dockyard's operating performance is expected to gradually improve. The ROE is estimated at 2.79% in 2020 and 2.49% in 2021." He set the target price for Hyundai Mipo Dockyard at 50,000 KRW.
Over the past five days, individual investors have net sold 183,315 shares of Hyundai Mipo Dockyard, while foreigners and institutions have net sold 58,904 shares and net bought 244,877 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.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

