Kenon Holdings Ltd. (NYSE:KEN - Get Free Report) shares reached a new 52-week high on Thursday . The company traded as high as $31.59 and last traded at $31.59, with a volume of 8442 shares trading hands. The stock had previously closed at $30.12.
Kenon Stock Up 6.7 %
The stock's 50-day moving average price is $29.14 and its two-hundred day moving average price is $26.64. The company has a current ratio of 3.78, a quick ratio of 3.78 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $1.73 billion, a P/E ratio of 10.05 and a beta of 1.44.
Institutional Investors Weigh In On Kenon
Several institutional investors have recently added to or reduced their stakes in KEN. CWA Asset Management Group LLC purchased a new stake in shares of Kenon during the 3rd quarter valued at approximately $504,000. BNP Paribas Financial Markets increased its holdings in shares of Kenon by 13.4% in the third quarter. BNP Paribas Financial Markets now owns 7,600 shares of the utilities provider's stock worth $212,000 after purchasing an additional 900 shares during the period. Y.D. More Investments Ltd purchased a new stake in shares of Kenon in the second quarter worth $4,371,000. Public Employees Retirement System of Ohio bought a new position in Kenon in the 3rd quarter worth about $365,000. Finally, Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Kenon by 3.7% in the 3rd quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,694,216 shares of the utilities provider's stock valued at $76,251,000 after acquiring an additional 97,256 shares in the last quarter. 13.38% of the stock is owned by hedge funds and other institutional investors.
Kenon Company Profile
(
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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