As of Apr. 17 10:40 A.M., Nongshim declined 1.38 percent, compared with yesterday, to 286,000 won. It had declined 4.83 percent through the past month.
Compared with its close competitors within the same industry, KOSPI, even though the monthly earnings rate of Nongshim was negative, its volatility for 1 month was relatively higher among its peer group.
Comparing industry to the market, the KOSPI industry including Nongshim records lower volatility but a higher earning rate than Foods & Beverages. In other words, the industry had been safer with high returns.
Target price 350,000 won
Per analysts’ expectations during the recent month, the average target price of Nongshim is 350,000 won. The stock price is 286,000 won as of yesterday, so there is 64,000 won (22 percent) disparate in order to be able to increase.
Yesterday, Institutions bought 1,118 shares, while Foreigners sold 560 shares.
As a shareholding sum by the investor group for the past 4 weeks, Foreigners have bought 26,176 shares with the maintenance of shareholding and Individuals have bought 7,570 shares changing stance to buying from selling. However, during the same period, Institutions have sold 33,656 shares with a selling trend.
Regarding the statistics for the past month on trade volume as the total outstanding shares, the daily turnover rate of Nongshim was 0.3 percent. And the daily volatility, the average range of rise and fall, during the same period is 1.71 percent.
As per the inquiry for shareholding by the investor group, the major investor group is Institutions with 45.11 percent from total outstanding shares. Foreigners and Individuals each hold 27.75 percent and 26.35 percent.
And as recent 5-day shareholding change by the investor group, Institutions is the major investor group with 42.58 percent. Foreigners hold 32.23 percent and Individuals hold 24.97 percent.
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