Samsung Electro-Mechanics, after surging in the first half of the year 756%, has fluctuated by around 30% in the past week
Samsung Electro-Mechanics’ share price rose by 756.47% in the first half of this year, ranking 1among KOSPI-listed companies, but over the past week it has seen sharp swings of around 30%, fueling investor concerns. Brokerages said they raised their target prices, citing expanding demand for MLCCs and FC-BGAs for AI servers.
Samsung Electro-Mechanics’ share price rose by 756.47% in the first half of this year, but over the past week it has shown sharp swings of around 30%. With investor attention surging, short-term volatility is growing.
According to the Korea Exchange, on 11Samsung Electro-Mechanics closed the previous day at 6.1% higher, at 158won 4000. The closing-price range on a trading-day basis has been large.
At the start of the year, the share price, which had been in the 27won range, surged to 30on the 218day of last month, reaching 4000won. The gain over the same period was calculated at 756.47%, the highest level among KOSPI-listed companies.
The article said the stock price fluctuated as profit-taking selling following the recent sharp rally coincided with market volatility. It also reported cases in which some investors complained of losses after the surge was followed by a sharp drop.
The securities firm said that, as investment in AI servers begins in earnest, demand is increasing for multilayer ceramic capacitors (MLCC) and flip-chip ball grid array (FC-BGA) substrates, and that it is successively raising its target prices.
The article focuses on the closing price on the Korea Exchange, the securities firm's upward revision trend for target prices, and the fact that short-term volatility has widened.
Sources: 파이낸셜뉴스 증권
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