Hyundai Motor, Foreign Investors Net Buy 248,893 Shares in Last 5 Days... Stock Price 178,500 KRW (+0.85%)

As of 2:30 PM on the 23rd, Hyundai Motor Company is trading at 178,500 KRW, up 0.85% from the previous day. The trading volume is 1,240,670 shares, which is 99.78% of the previous day's volume. Hyundai Motor Company is known as the number one automobile manufacturer in South Korea.

On November 18, Junseong Kim, a researcher at Meritz Securities, stated, "Hyundai and Kia, ranked second in the global BEV (Battery Electric Vehicle) market share based on 2020 YTD data. In 2021, they are expected to transition from being good BEV providers to device providers capable of developing data business models. The beginning of this is expected to be the Genesis-exclusive BEV JW, which will be launched in 3Q20. If the FOTA ? focused Architecture is actually implemented, a large-scale valuation re-rating beyond the existing framework could occur." He set Hyundai Motor Company's target price at 250,000 KRW.

Over the past five days, individual investors have net sold 197,906 shares of Hyundai Motor Company, while foreign investors and institutions have net bought 248,893 shares and net sold 132,795 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.