Pearl Abyss is trading at 290,700 KRW as of 2:32 PM on the 2nd, up 0.45% from the previous day. The trading volume is 73,688 shares, which is 75.33% of the previous day's volume. Pearl Abyss is known as a software game development and publishing company.
On February 25, Lee Seunghoon, a researcher at IBK Investment & Securities, stated, "Expectations for the release of the new title Red Desert are gradually rising. While the existing Black Desert expanded from PC MMORPG to mobile and console platforms, Red Desert is expected to be released first on consoles and Steam as an open-world action-adventure, followed by a release in the mobile game market. Among major domestic game companies, there is high anticipation for success as it develops traditional console game genres using its own engine. The momentum for the new Red Desert title is expected to strengthen from the second half of the year." He set Pearl Abyss’s target price at 340,000 KRW.
Over the past five days, individual investors have net purchased 100,185 shares of Pearl Abyss, while foreigners and institutions have net purchased 66,597 shares and net sold 169,196 shares, respectively.
※ Source: AI Investment Assistant AI Rassiro
※ This article was generated in real-time by an automated article generation algorithm jointly developed by Asia Economy and the financial AI specialist company Thinkpool.
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