[Featured Stock] Sinsung ENG, 5x Increase in COVID Hospitalizations... Emphasis on Standardizing Mobile Negative Pressure Wards↑

Sinsung ENG is showing strong performance. It is interpreted to be influenced by the news that the number of COVID-19 patients has surged more than fivefold.

As of 2:01 PM on the 8th, Sinsung ENG is trading at 1,762 KRW, up 5.64% from the previous day.

According to the Korea Disease Control and Prevention Agency the day before, the number of COVID-19 hospitalized patients has increased 5.1 times over the past four weeks. The number of new COVID-19 hospital admissions surveyed at 220 sample surveillance institutions nationwide with hospitals of 200 beds or more was 91 in the first week of July, 148 in the second week, 225 in the third week, and 465 in the fourth week.

As the number of confirmed COVID-19 cases rises, sales of self-diagnostic kits that allow infection status to be checked at home are also surging. According to statistics from CareInsight, a pharmacy data analysis service, sales of COVID-19 self-diagnostic kits from July 21 to 27 increased by 43.8% compared to the previous week.

Meanwhile, Sinsung ENG is a cleanroom specialist company that developed a mobile expandable negative pressure ward during the COVID-19 pandemic and has been securing orders and achieving results. Sinsung ENG has also established standards for mobile negative pressure isolation rooms.