Handsome, 52-week new low due to sluggish earnings
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hoondork1977@alphabiz.co.kr | 2023-08-09 01:59:02
[Apha Biz=(Chicago) Reporter Paul Lee] Handsome posted a new 52-week low on the stock market on the 8th on news of its shocking performance in the second quarter of this year.
On the same day, Hansum closed at 19,340 won, down 11.49% from the previous trading day, marking a 52-week low.
On the previous day, Handsome announced that its consolidated operating profit in the second quarter of this year was KRW 5.8 billion, down 78.8% from the same period last year.
Securities firms lowered Hansum's target stock price one after another.
Shinhan Investment & Securities lowered the target price of Handsome from 31,000 won to 23,500 won, and changed its investment opinion to 'short-term purchase (Trading Buy)', which is one step lower than the previous 'purchase'.
Hana Securities (35,000 won → 31,000 won), Daishin Securities (34,000 won → 30,000 won), NH Investment & Securities (30,000 won → 27,000 won), and Samsung Securities (35,000 won → 27,000 won) also lowered Hansum's target stock price.
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