HMM, 5 Days of Net Selling by Individuals at 619,882 Shares... Stock Price at 13,250 KRW (-1.12%)

As of 1:30 PM on the 2nd, HMM is trading at 13,250 KRW, down 1.12% from the previous day. The trading volume is 2,410,476 shares, which is 51.34% of the previous day's volume. HMM is known as a shipping business operator.

On November 30, Youngho Kim, a researcher at Samsung Securities, conducted an NDR conference call with domestic institutional investors from November 26 to 27. The main concerns of investors were the sustainability of the strong freight rates, the sharp decline in net profit in the third quarter, and the outlook and company strategy for next year. The strong SCFI, driven by container shortages and the recovery of freight rates on European routes, is expected to continue into next year. Derivative product valuation losses are expected to be fully reversed upon repayment or conversion next year. Performance improvement is anticipated with the delivery of eight 16K TEU vessels next year. Based on this, the target price for HMM was set at 17,500 KRW.

Over the past five days, individual investors have net sold 619,882 shares of HMM, while foreigners and institutions have net bought 445,067 shares and 30,253 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.