Jinsung TCC, Stock Price Down -2.44% at This Time... Institutional Investors Net Buy 510,416 Shares in Last 5 Days

Jinseong TCC is trading at 12,000 KRW as of 10:31 AM on the 28th, down 2.44% from the previous day. The trading volume is 421,537 shares, which is about 7.02% of the previous day's volume. Jinseong TCC is known as a manufacturer of construction heavy equipment parts.

On December 24, analyst Han Byunghwa of Eugene Investment & Securities stated, "Next year, the impact of the COVID-19 pandemic is expected to decrease, and with the expansion of infrastructure investments such as fostering the green industry, demand for construction machinery is expected to increase globally. Reflecting this, construction machinery companies appear to have entered a phase of accumulating parts inventory. We have raised our sales and operating profit estimates for Jinseong TCC by 5% and 10%, respectively, reflecting the faster-than-expected expansion in construction machinery demand. The acquisition of new growth drivers, such as parts for hydrogen fuel cell power generation, should also be considered in the valuation." He set the target price for Jinseong TCC at 15,000 KRW.

Over the past five days, individual investors have net sold 456,862 shares of Jinseong TCC, while foreigners and institutions have net sold 44,092 shares and net bought 510,416 shares, respectively.

※ Source: AI Investment Assistant AI Rassi

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