Pan Ocean, Institutional Investors Net Buy 5.61 Million Shares in Last 5 Days... Stock Price 5,610 KRW (-1.92%)

As of 9:30 AM on the 24th, Pan Ocean is trading at 5,610 KRW, down 1.92% from the previous day. The trading volume is 1,305,892 shares, which is about 8.07% of the previous day's volume. Pan Ocean is known as a maritime transportation company primarily operating bulk carriers.

On February 23, Kim Yoo-hyuk, a researcher at Hanwha Investment & Securities, stated, "With the global economic recovery in 2021 leading to improved demand and supply tightening due to a lack of new orders, the supply-demand balance is expected to improve, entering a full-scale business recovery cycle. 1) Entering a full-scale business recovery cycle, 2) aggressive expansion of the charter fleet is expected to enhance activity and realize profit improvements in line with market upturns. The LNG contract reference signed with Shell also increases the likelihood of additional LNG orders, which is positive." He set Pan Ocean's target price at 7,000 KRW.

Over the past five days, individual investors have net sold 4,574,930 shares of Pan Ocean, while foreigners and institutions have net bought 172,702 shares and 5,611,570 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.