Market summary: Iron Device surges 21.65% in a week, hitting multi-month high

Iron Device (464500.KQ) posted a remarkable 21.65% gain over the past week, closing at KRW 4,860.00 on February 14, up from its previous close of KRW 3,995.00. The stock opened at KRW 4,220.00 and reached an intraday high of KRW 5,030.00, marking a strong upward momentum.

Trading volume spiked to 18,719,194 shares, far exceeding its average volume of 2,198,281, signaling significant investor interest. The company’s market capitalization now stands at KRW 66.355 billion.

The stock’s bid price was KRW 4,860.00, while the ask price was recorded at KRW 4,865.00.

Iron Device’s price action placed it well within its 52-week range of KRW 3,300.00 to KRW 18,370.00. Despite a history of volatility, this recent surge highlights renewed investor confidence. The absence of earnings-related metrics such as P/E ratio and EPS keeps the market’s focus on price movements and trading activity.

Disclaimer: This summary is for informational purposes only and does not constitute financial advice.