Coway, Institutional Investors Net Sell 175,563 Shares Over Last 5 Days... Stock Price 70,500 Won (-0.7%)

As of 11:32 AM on the 18th, Coway is trading at 70,500 KRW, down 0.7% from the previous day. The trading volume is 109,354 shares, which is about 60.1% of the previous day's volume. Coway is known as a specialized company in environmental home appliances such as water purifiers, air purifiers, and bidets.

On February 18, Jin-hyeop Lee, a researcher at Yuanta Securities, stated, "For the domestic corporation, costs related to service managers are reflected in the current quarter, and operating profit is expected to decrease by approximately 25 billion KRW compared to the previous year due to burdens such as the one-time gain of 24 billion KRW reflected in 2Q20~3Q20. However, due to profit growth from the Malaysian corporation's high growth, the company's total operating profit is expected to increase by 0.9% year-on-year to 612.2 billion KRW. As the contribution of the Malaysian corporation grows further, growth is expected to expand even more. Entry into new countries such as Indonesia and Vietnam can also act as future growth drivers."

He announced a target price of 96,000 KRW for Coway.

Over the past five days, individual investors have net purchased 11,312 shares of Coway, while foreigners and institutions have net purchased 163,368 shares and net sold 175,563 shares, respectively.

※ Source: AI Investment Assistant AI Rassiro

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