Pan Ocean, Institutional Investors Net Buy 5.965737 Million Shares in Last 5 Days... Stock Price 5,640 KRW (+1.08%)

As of 9:30 AM on the 25th, Pan Ocean is trading at 5,640 KRW, up 1.08% from the previous day. The trading volume is 1,424,923 shares, which is about 15.5% 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 improvement due to a gap in new orders, the market is expected to enter a full-fledged recovery cycle. 1) The market has entered a full recovery cycle, 2) aggressive expansion of the charter fleet is expected to enhance activity and realize profit improvements in line with market rises. 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 4,362,745 shares of Pan Ocean, while foreigners and institutions have net sold 404,714 shares and net bought 5,965,737 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 the financial AI specialist company Thinkpool.