Hugel's stock price is rebounding. The expectation of earnings growth due to its entry into the US market appears to be influencing the stock price.
As of 9:57 AM on the 10th, Hugel is trading at 254,500 KRW, up 2.62% from the previous day.
Jeonghyun Kim, a researcher at Kyobo Securities, stated, "Hugel recently announced plans to enter the US toxin market, raising expectations. US sales will make a significant contribution to Hugel's earnings growth."
Researcher Kim added, "Along with the recent overall stock price adjustment, Hugel's corporate value has also fallen more than 20% from its peak. This is an opportune time to buy a company at the beginning of a new growth phase."
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