Ecopro's foreign investor equity ratio hit its lowest level in four years
This article is translated by AI company Flitto and Alhpa Biz neural machine translation technology
Paul Lee
hoondork1977@alphabiz.co.kr | 2023-05-09 19:13:07
[Alpha Biz=(Chicago) Reporter Paul Lee] Ecopro's foreign stake fell below 5% this month, the lowest level in about four years. As the controversy over overheated stock prices continues, it is analyzed that foreigners who expect further declines in the future are reducing their share.
According to the Korea Exchange on the 9th, foreign investors' stake in Ecopro was 4.96% as of the 4th. It is the first time since March 7, 2019 (4.47%) that the company's foreign stake is below 5%.
It hit 5.18% the previous day and returned to the 5% range, but this is also the lowest level since March 7, 2019, except for the 4th of this month.
Ecopro's foreign stake, which stood at 7.18% at the beginning of the year, continued to rise, soaring to 14.44% in mid-February, but has since fallen.
Shares of Ecopro, which continued to soar despite a decrease in foreign ownership, recently fell due to a series of concerns over overheating last month.
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