Alteogen (196170) recorded an upward trend for six consecutive trading days, recovering the 300,000 won level. Market attention is focused on whether the recent upward momentum can continue in the new share market.

On the 7th, Alteogen closed at 305,000 won, up 11,500 won (3.92%) from the previous trading day. The company extended its upward trend for six consecutive trading days from the 31st of last month through that day. In particular, as the closing price rose above 300,000 won on the 7th, whether the stock can stabilize at that price level in the new share market is cited as a key point to watch.

Q2 Earnings Draw Attention... Sales Surge 269.5%

Recently disclosed second-quarter earnings are also drawing attention. According to the preliminary earnings announced on the 7th, Alteogen's consolidated Q2 sales reached 68.894 billion won, up 269.5% from 18.643 billion won in the same period last year. However, this represents a 3.8% decrease compared to the previous quarter (71.599 billion won).

Operating profit stood at 34.189 billion won, marking a successful turnaround from a loss of 426 million won in the same period last year. However, it declined 13.0% compared to the previous quarter (39.301 billion won).

BlackRock Affiliate's 5.03% Stake Confirmed

The stake held by global asset manager BlackRock's affiliate is also a major focus of market interest. According to the disclosure on the 7th, BlackRock Fund Advisors holds 2,694,448 shares of Alteogen, including those of related parties, representing a 5.03% stake. The reporting obligation date and the preparation reference date were both listed as the 31st of last month.

New Share Volatility in Focus

In the new share market, the stock price trend following six consecutive days of gains and whether it can stabilize above the 300,000 won level are expected to be key variables. Given the continued sharp rise in the short term, it is worth monitoring the possibility of expanded volatility between additional upward momentum and profit-taking movements.

[※ This article is not intended to solicit investment, and investors are solely responsible for their investment decisions.]