Netmarble, Institutional Investors Net Sold 96,375 Shares in Last 5 Days... Stock Price at 135,500 Won (+0.74%)

As of 12:30 PM on the 16th, Netmarble is trading at 135,500 KRW, up 0.74% from the previous day. The trading volume is 249,284 shares, which is 58.86% of the previous day's volume. Netmarble is known as the largest mobile game holding company in South Korea.

On February 15, Donghee Kim, a researcher at Meritz Securities, stated, "A positive outlook is needed for Netmarble, which has a higher hit ratio for new game releases and performance. In 2021, they plan to release new titles such as ‘Blade & Soul Revolution’ and ‘NBA Ball Stars’ in Q1, ‘The Second Country’ in Q2, and ‘Seven Knights Revolution’ and ‘Marvel Future Revolution’ in the second half of the year. Among these, ‘The Second Country’ has recently received very positive evaluations through internal testing, raising expectations for its success. They will also continue an aggressive M&A strategy utilizing their cash reserves." He set Netmarble’s target price at 180,000 KRW.

Over the past five days, individual investors have net purchased 24,235 shares of Netmarble, while foreigners and institutions have net purchased 69,826 shares and net sold 96,375 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.