Ecopro stock forecast takes into account South Korea’s
Ecopro stock forecast takes into account South Korea’s export rise to the U.S. under new trade agreements. Battery shipments to North America grew 12% last quarter, underpinning revenue confidence. The KRW 108,500 level is an important pivot in the chart. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. EcoPro was previously a little-known stock listed on the tech-laden Kosdaq. But recently it has been arguably the most talked about stock in the local equity market. Ecopro stock forecast builds on the company’s strategic push into European markets post-Brexit. Analysts note favorable tariffs and logistics efficiencies improving profit outlooks. Share price has steadily trended above its 50-day moving average.
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