Korea Electric Power Co. (NYSE:KEP - Get Free Report) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 714,800 shares, a growth of 5.2% from the January 15th total of 679,300 shares. Based on an average trading volume of 203,600 shares, the short-interest ratio is currently 3.5 days.
Korea Electric Power Stock Down 1.0 %
Shares of NYSE:KEP traded down $0.08 during midday trading on Friday, reaching $7.62. 118,808 shares of the company were exchanged, compared to its average volume of 170,365. The firm has a market cap of $9.78 billion, a PE ratio of 3.53 and a beta of 1.04. The company has a quick ratio of 0.30, a current ratio of 0.43 and a debt-to-equity ratio of 2.10. Korea Electric Power has a fifty-two week low of $6.68 and a fifty-two week high of $9.55. The stock has a fifty day simple moving average of $7.17 and a two-hundred day simple moving average of $7.66.
Wall Street Analyst Weigh In
Separately, StockNews.com upgraded shares of Korea Electric Power from a "hold" rating to a "buy" rating in a report on Saturday, February 1st.
View Our Latest Research Report on KEP
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Stifel Financial Corp acquired a new position in Korea Electric Power during the 3rd quarter worth approximately $96,000. State Street Corp raised its holdings in shares of Korea Electric Power by 0.9% in the third quarter. State Street Corp now owns 746,847 shares of the utilities provider's stock valued at $5,796,000 after purchasing an additional 6,975 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its holdings in Korea Electric Power by 46.8% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,193,185 shares of the utilities provider's stock worth $9,259,000 after purchasing an additional 380,145 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new position in Korea Electric Power during the third quarter worth $855,000. Finally, Jane Street Group LLC acquired a new stake in Korea Electric Power in the 3rd quarter valued at $140,000.
Korea Electric Power Company Profile
(
Get Free Report)
Korea Electric Power Corporation, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity in South Korea and internationally. The company operates through Transmission and Distribution, Nuclear Power Generation, Thermal Power Generation, and Others segments.
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