Kenon Holdings Ltd. (NYSE:KEN - Get Free Report)'s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $34.33 and last traded at $34.00, with a volume of 28014 shares changing hands. The stock had previously closed at $31.92.
Kenon Price Performance
The firm has a 50-day moving average of $29.69 and a 200-day moving average of $26.91. The stock has a market cap of $1.83 billion, a PE ratio of 10.63 and a beta of 1.44. The company has a debt-to-equity ratio of 0.64, a current ratio of 3.78 and a quick ratio of 3.78.
Hedge Funds Weigh In On Kenon
Several institutional investors have recently bought and sold shares of the stock. Barclays PLC increased its stake in Kenon by 4,233.3% in the 3rd quarter. Barclays PLC now owns 4,550 shares of the utilities provider's stock worth $127,000 after acquiring an additional 4,445 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Kenon by 13.4% during the 3rd quarter. BNP Paribas Financial Markets now owns 7,600 shares of the utilities provider's stock valued at $212,000 after buying an additional 900 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new position in Kenon in the third quarter worth about $365,000. CWA Asset Management Group LLC purchased a new stake in Kenon during the third quarter valued at approximately $504,000. Finally, JPMorgan Chase & Co. bought a new position in shares of Kenon during the 3rd quarter valued at approximately $1,136,000. 13.38% of the stock is owned by hedge funds and other institutional investors.
About Kenon
(
Get Free Report)
Kenon Holdings Ltd., through its subsidiaries, operates as an owner, developer, and operator of power generation facilities in Israel, the United States, and internationally. It operates through OPC Power Plants, CPV Group, and ZIM segments. The company engages in the generation and supply of electricity and energy; development, construction, and management of solar and wind energy, and conventional natural gas-fired power plants; and provision of container liner shipping services.
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