As of June 12 12:55 P.M., SK hynix declined 1.34 percent, compared with yesterday, to 66,300 won. It had declined 9.93 percent through the past month. It is the world’s No. 2 maker of memory chips.
Compared with its close competitors within the same industry, KOSPI, as the monthly volatility of SK hynix relatively expanded, the stock price decline to the lowest among the its peer groups.
Comparing industry to the market, the KOSPI industry including SK hynix records lower volatility and earning rate than Electrical & Electronic Equipment. In other words, the industry had less volatility and the returns were also smaller than the market.
Target price 85,000 won
Per analysts’ expectations during the recent month, the average target price of SK hynix is 85,000 won. The stock price is 66,300 won as of yesterday, so there is 18,700 won (28 percent) disparate in order to be able to increase.
Institutions & Individuals buy, Foreigners sell
From June 10, Institutions have been continuously buying SK hynix during the past 2 trading days.
As a shareholding sum by the investor group for the past 4 weeks, Institutions have bought 4,288,276 shares with trending trade and Individuals have bought 4,807,583 shares with an increasing position.
However, during the same period, Foreigners have sold 9,209,765 shares with the maintenance of a selling position.
Regarding the statistics for the past month on trade volume as the total outstanding shares, the daily turnover rate of SK hynix was 0.49 percent. And the daily volatility, the average range of rise and fall, during the same period is 1.85 percent.
Institutions 32.1%, Foreigners 42.84%
As per the inquiry for shareholding by the investor group, the major investor group is Foreigners with 42.84 percent from total outstanding shares. Institutions and Individuals each hold 32.1 percent and 24.21 percent.
And as recent 5-day shareholding change by the investor group, Foreigners is the major investor group with 34.57 percent. Institutions hold 33.02 percent and Individuals hold 31.49 percent.
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