Kenon Holdings Ltd. (NYSE:KEN - Get Free Report) shares saw unusually-strong trading volume on Friday . Approximately 17,639 shares traded hands during trading, a decline of 0% from the previous session's volume of 17,660 shares.The stock last traded at $31.82 and had previously closed at $32.24.
Kenon Trading Down 1.5 %
The firm has a market cap of $1.71 billion, a P/E ratio of 9.93 and a beta of 1.41. The firm has a fifty day simple moving average of $29.89 and a 200-day simple moving average of $26.99. The company has a debt-to-equity ratio of 0.64, a current ratio of 3.78 and a quick ratio of 3.78.
Institutional Trading of Kenon
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Clal Insurance Enterprises Holdings Ltd increased its position in shares of Kenon by 3.7% during the third quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,694,216 shares of the utilities provider's stock worth $76,251,000 after acquiring an additional 97,256 shares in the last quarter. Y.D. More Investments Ltd acquired a new position in Kenon during the 2nd quarter valued at about $4,371,000. JPMorgan Chase & Co. bought a new stake in Kenon during the 3rd quarter worth approximately $1,136,000. CWA Asset Management Group LLC purchased a new stake in shares of Kenon in the third quarter worth approximately $504,000. Finally, Public Employees Retirement System of Ohio bought a new position in shares of Kenon in the third quarter valued at approximately $365,000. Institutional investors own 13.38% of the company's stock.
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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