Analysts have increasingly issued sell reports for reusable battery stocks, citing the overvaluation of an industry facing rapidly increasing competition.
EcoPro stock passed the 1-million-won ($760) mark to reach 1.015 million won at 9:20 a.m. Monday. The battery materials maker turned in earlier gains to close at 965,000 won, down 1.53 percent from the previous session.
EcoPro stocks just might be the stock of the year so far, but analysts are wary of the overheating prices.
Korea JoongAng Daily Sitemap