Kenon Holdings Ltd. (NYSE:KEN - Get Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $31.88 and traded as high as $32.10. Kenon shares last traded at $31.61, with a volume of 3,641 shares trading hands.
Kenon Stock Performance
The business has a fifty day moving average of $31.98 and a 200 day moving average of $29.10. The company has a market cap of $1.74 billion, a P/E ratio of 10.10 and a beta of 1.39. The company has a quick ratio of 3.78, a current ratio of 3.78 and a debt-to-equity ratio of 0.64.
Kenon (NYSE:KEN - Get Free Report) last issued its quarterly earnings data on Thursday, December 5th. The utilities provider reported $0.81 EPS for the quarter. Kenon had a net margin of 22.88% and a return on equity of 2.93%.
Institutional Trading of Kenon
Several large investors have recently bought and sold shares of KEN. Barclays PLC raised its position in shares of 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 in the last quarter. BNP Paribas Financial Markets raised its holdings in 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 in the last quarter. Anfield Capital Management LLC raised its holdings in Kenon by 100.0% in the fourth quarter. Anfield Capital Management LLC now owns 9,338 shares of the utilities provider's stock worth $317,000 after purchasing an additional 4,669 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new position in Kenon during the third quarter valued at $365,000. Finally, Norges Bank bought a new stake in shares of Kenon during the 4th quarter valued at $458,000. 13.38% of the stock is owned by institutional investors.
Kenon Company Profile
(
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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.
Further Reading
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