OCI, Stock Price +0.49% at This Hour... 790,854 Shares Sold Net by Individuals in Last 5 Days

As of 11:30 AM on the 23rd, OCI is trading at 82,700 KRW, up 0.49% from the previous day. The trading volume is 386,763 shares, which is 45.33% of the previous day's volume. OCI is known as a producer of high value-added chemical products such as polysilicon.

On December 18, researcher Yang Hyung-mo of DS Investment & Securities stated, "It is time to prepare for the rise in polysilicon prices in 2021. The future oversupply in the solar value chain will occur in the order of cells/modules, wafers, and polysilicon. The sharp increase is due to the expansion of wafer production, which has increased demand for polysilicon. In other words, there will be no new entrants or companies making additional investments worth hundreds of billions of won in the polysilicon industry. OCI’s cost is around $7, making its cost structure top-tier. Investing in the cheapest top-tier polysilicon producer." He set OCI’s target price at 110,000 KRW.

Over the past five days, individual investors have net sold 790,854 shares of OCI, while foreigners and institutions have net bought 538,671 shares and 278,010 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.