As of 12:30 PM on the 30th, Samsung SDI is trading at 542,000 KRW, down 1.63% from the previous day. The trading volume is 241,487 shares, which is about 72.3% of the previous day's volume. Samsung SDI is known as a total solutions company in materials and energy.
On November 25, Soh Hyun-chul, a researcher at Shinhan Financial Investment, stated, "1) Automotive battery sales of 5.407 trillion KRW (+40.2%), 2) Small battery sales of 4.155 trillion KRW (+7.4%), 3) Increase in OLED material sales due to the rise in utilization rate of Samsung Display’s small and medium OLED and the new operation of the QD OLED line. The stock price surged in 2020 with the operation of Tesla’s Shanghai factory in China. The operation of Tesla’s German Gigafactory in 2021 is expected to drive further stock price upgrades due to intensified competition in the electric vehicle business in the US and Germany." He set the target price for Samsung SDI at 670,000 KRW.
Over the past five days, individual investors have net sold 113,139 shares of Samsung SDI, while foreigners and institutions have net bought 142,648 shares and net sold 5,534 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.
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