As of 10:30 AM on the 22nd, Hyundai Glovis is trading at 216,500 KRW, down 2.04% from the previous day. The trading volume is 463,711 shares, which is about 18.89% of the previous day's volume. Hyundai Glovis is known as a logistics specialist company within the Hyundai Group.
On January 20th, Choi Go-woon, a researcher at Korea Investment & Securities, stated, "From the first quarter, shipping volume is expected to normalize to the usual level. Moreover, current investor sentiment values new business momentum such as electric vehicle battery leasing and hydrogen logistics more than additional growth in the core logistics business. The changes in upstream industries preparing for the future car market are accelerating. As seen in the rising stock price trend, expectations for Hyundai Motor Group are particularly high. Ultimately, this will also support the expansion of Glovis's future businesses." He set the target price for Hyundai Glovis at 230,000 KRW.
Over the past five days, individual investors have net sold 451,368 shares of Hyundai Glovis, while foreigners and institutions have net bought 215,553 shares and 235,743 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 financial AI specialist company Thinkpool.
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