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    A000660   KR7000660001

SK HYNIX INC.

(A000660)
  Report
End-of-day quote Korea Stock Exchange  -  05-24
108000.00 KRW   -0.46%
05:32aSouth Korea Indexes Close Higher on Gains by Chem, Bio Firms; Samsung Biologics Adds 3%
MT
05:23aSouth Korean Stocks Close Higher on Chemical, Bio Stocks’ Gains
MT
04:37aUBS Adjusts SK Hynix's Price Target to 195,000 Won From 205,000 Won Keeps at Buy
MT
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SK Hynix Rallies on Better Investor Sentiment After Micron's Gains

11/21/2021 | 11:36pm EDT

By Kwanwoo Jun

SK Hynix Inc.'s shares rallied Monday on better investor sentiment after U.S. semiconductor company Micron Technology Inc.'s sharp gains on a bullish market view.

Shares of the South Korean memory-chip maker jumped as much as 8.5% to 121,000 Korean won ($101.91) in morning trade--the sharpest daily percentage gain since February, which helped the benchmark Kospi rise back above its 3000-level.

Analysts said Micron's 7.8% surge on Friday--sparked by U.S. research company Evercore ISI's upbeat outlook on the stock--eased recent market jitters about a chip industry downturn.

The U.S. research firm elevated Micron, together with Lam Research Corp., to its "top picks" list Friday, arguing both could benefit from the "green shoots" in the semiconductor industry.

Some market analysts have said that SK Hynix appears to be entering a down cycle for memory-chip demand from the fourth quarter of 2021 through the second quarter of 2022, likely experiencing a short-term correction to higher DRAM prices recently.

Seoul-based Eugene Investment & Securities in a recent report said it expects DRAM and NAND chip prices to fall 10% and 11%, respectively in 2022, but the downturn may have a limited impact on SK Hynix.

The Kospi was 1.2% higher at 3007.69 in late morning trade, led by large-cap electronics stocks, including SK Hynix which has the second largest market cap in the country's main bourse.

Write to Kwanwoo Jun at kwanwoo.jun@wsj.com

(END) Dow Jones Newswires

11-21-21 2336ET

Stocks mentioned in the article
ChangeLast1st jan.
EVERCORE INC. 0.26% 107.92 Delayed Quote.-20.76%
KOSPI COMPOSITE INDEX 0.36% 2620.07 Real-time Quote.-12.29%
LAM RESEARCH CORPORATION 1.22% 476.735 Delayed Quote.-34.51%
MICRON TECHNOLOGY, INC. 0.63% 67.02 Delayed Quote.-28.48%
SK HYNIX INC. -0.46% 108000 End-of-day quote.-17.56%
All news about SK HYNIX INC.
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04:37aUBS Adjusts SK Hynix's Price Target to 195,000 Won From 205,000 Won Keeps at Buy
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Analyst Recommendations on SK HYNIX INC.
More recommendations
Financials
Sales 2022 58 034 B 45,9 B 45,9 B
Net income 2022 12 443 B 9,84 B 9,84 B
Net Debt 2022 6 280 B 4,97 B 4,97 B
P/E ratio 2022 6,16x
Yield 2022 1,59%
Capitalization 74 263 B 58 755 M 58 755 M
EV / Sales 2022 1,39x
EV / Sales 2023 1,09x
Nbr of Employees 29 711
Free-Float 73,9%
Chart SK HYNIX INC.
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SK hynix Inc. Technical Analysis Chart | MarketScreener
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Technical analysis trends SK HYNIX INC.
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 35
Last Close Price 108 000,00 KRW
Average target price 160 441,18 KRW
Spread / Average Target 48,6%
EPS Revisions
Managers and Directors
Seok-Hee Lee President, Chief Executive Officer & Director
Jung-Ho Park Co-Chief Executive Officer & Director
Kwon Hong Managing Director & Head-Finance
Tae-Won Chey Chairman-Executive Board
Tae-Hoon Kim Managing Director & Head-Technology
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