[Featured Stock] Hugel Rises for 3 Consecutive Days, Touches 340,000 Won... All-Time High

Hugel continued its upward trend for the third consecutive day, touching 340,000 won during trading.

As of 9:15 a.m. on the 12th, Hugel is trading at 340,000 won, up 11,000 won (3.34%) from the previous day. It rose as high as 346,000 won during trading, setting a new all-time high.

Following last year, Hugel's strong performance is expected to continue this year, sustaining the steady rise in its stock price. The stock price, which was in the 260,000 won range at the beginning of the year, surpassed 300,000 won in late last month and has continued to rise this month, reaching the 340,000 won level.

Researcher Ha Tae-gi of Sangsangin Securities said, "Hugel's sales this year are expected to increase by 22.2% year-on-year to 456 billion won, and operating profit is expected to grow by 33.3% to 221.5 billion won." He added, "Hugel's stock price has steadily risen since early March 2024 following the U.S. Food and Drug Administration (FDA) approval of Retivo (domestic product name Botulex), especially after the final victory at the U.S. International Trade Commission (ITC) in October last year and the strong growth in Q4 earnings, setting a historic high." He continued, "This year, as the export potential of toxin and filler products grows, the stock price appears to have further room to rise."