HMM, 4,464,606 Shares Net Bought by Foreigners in Last 5 Days... Stock Price 18,800 Won (0.0%)

As of 9:30 AM on the 3rd, HMM is trading at 18,800 KRW, the same price as the previous day. The trading volume is 1,140,852 shares, which is about 10.45% of the previous day's volume. HMM is known as a shipping business operator.

On February 26, analyst Hanjun Lee of KTB Investment & Securities stated, "Freight rates are showing a renewed upward trend with no signs of weakening. Instead of waiting due to concerns about a freight rate peak-out, the 2021 earnings strength needs to be quickly reflected in the stock price. The strong 1Q21E earnings (operating profit of 0.9 trillion KRW) are expected, and considering the valuations of global shipping companies, it is still undervalued. The strong consumption of goods in the U.S. continues, and inventory levels have yet to recover, so container demand based on the restocking cycle is expected to remain strong for the time being." He set the target price for HMM at 24,000 KRW.

Over the past five days, individual investors have net sold 4,090,076 shares of HMM, while foreigners and institutions have net bought 4,464,606 shares and net sold 511,296 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.