As of 10:30 AM on the 11th, NCSoft is trading at 1,001,000 KRW, up 0.6% from the previous day. The trading volume is 66,542 shares, which is about 34.03% of the previous day's volume. NCSoft is known as a developer of online and mobile games.
On January 6, Hyundai Motor Securities researcher Kim Hyun-yong reported, "There was news yesterday about the promotion of a content joint venture establishment between NCSoft and CJ ENM. The buy rating is based on 1) the release of Blade & Soul 2, a verified IP, and the launch of Lineage 2M in Taiwan during the first quarter, which is expected to rapidly reduce dependence on a single IP and a single region, and 2) the imminent launch of its own KPOP platform Universe, which is judged to have laid the foundation for mid- to long-term re-rating through strengthening content business via partnerships." He set NCSoft’s target price at 1,060,000 KRW.
Over the past five days, individual investors have net sold 19,098 shares of NCSoft, while foreigners and institutions have net bought 60,080 shares and net sold 32,514 shares, respectively.
※Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automated article creation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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