NHN Q1 Results Miss Expectations, but Share Price Seen as Affordable

NHN’s first-quarter results came in below expectations, but analysis said the current share price does not look burdensome for buying. According to Hankyung, the NHN analysis confirmed that Q1 performance failed to meet market expectations. At the same time, it presented the view that buying at the current price level would not carry a heavy burden. This suggests that, despite weak short-term earnings, the current valuation is not seen as excessive for investors. The key issue ahead is whether earnings improve and whether the stock’s price appeal continues. Source: hankyung.com